A crack in a support beam of a bridge can jeopardize the entire structure, as people in the Louisville area can attest to. The same principle applies to currency regimes. The crack in the euro system threatens the Eurozone economy and the financial bridges that link global markets, including those in Indiana. The euro was […]
In addition to the expected factors like a potential borrower’s credit history and business plan, lenders increasingly are weighing intangibles such as moral character.
Indiana Attorney General Greg Zoeller has reached a settlement with the Fair Finance bankruptcy trustee to give back $11,000 in contributions he received from indicted financier Tim Durham.
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 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.
It is important to remember that online sales taxes would not be a new tax. Sales taxes are currently owed on every retail purchase made over the Internet—they’re just not being paid.
Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. This month, IBJ zeroes in on Health Care and Benefits.
Indicted financier Tim Durham is living in an undisclosed residence in the downtown area after a federal magistrate rejected his request to move back into his 20,000-square-foot mansion.
Magistrate Judge Kennard Foster said Durham should not continue living at his sister’s house or move back to his mansion because both are in foreclosure.
If you’ve ever dealt with the local courts, you know that nothing is particularly easy to find or logically laid out.
Most ratings are bunk, but Hoosier business men and women should be enthused over the recognition of Indiana—and particularly Indianapolis—not only for success in the sack but also as a haven for business opportunity.
If Indiana Live and Hoosier Park prevail, the racetrack-casinos may cut they could cut their combined tax bill by $30 million a year.
Most of the $1.8 million that Fair Finance trustee Brian Bash has recovered so far could go to attorneys and accountants working on the massive fraud case involving Indianapolis financier Tim Durham.
Indicted financier Tim Durham has asked a federal judge to allow him to move from his sister’s home in Geist back to his 20,000-square-foot mansion. Durham has been living with his sister on home detention since his April arrest.
Fair Finance Co.’s bankruptcy trustee sued Shelbyville’s SCB Bank this week, charging it refuses to turn over hundreds of thousands of dollars it raised by auctioning off one of Tim Durham’s most valuable automobiles, a 1929 Duesenberg.
The most successful black businessman in Indiana plans to retire from the company that bears his name at year-end as part of a transition that ultimately will put his daughter at the helm.
A federal judge denied a request from indicted financier Tim Durham to relax the rules of his home detention. The judge also appointed a public defender for his business partner, James F. Cochran.
The Fair Finance bankruptcy trustee has subpoenaed Brightpoint Inc. CEO Robert J. Laikin as it tries to recover more than $19 million Laikin's brother borrowed from the Ohio company.
