Durham’s Geist mansion listed for $5.5 million
Beleaguered local businessman Tim Durham’s Geist home is listed for sale with a $5.5 million asking price.
Beleaguered local businessman Tim Durham’s Geist home is listed for sale with a $5.5 million asking price.
Carl Brizzi’s once-promising political career is coming to an end. He won’t become a mayor or a congressman or
win election to any of the posts that seemed within his grasp when he was an up-and-coming Republican.
IBJ received three national journalism awards at the Society of American Business Editors and Writers’ annual conference March
20 in Phoenix.
Duke Realty is fighting a request to award an additional $9.7 million in attorneys' fees, calling the amount excessive.
IBJ received three national journalism awards at the Society of American Business Editors and Writers’ annual
conference on March 20 in Phoenix.
CLST Holdings founder Al Goldfield says the company hid a $14 million debt to Verizon Communications Inc. in the years after
he left.
Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor’s Office to his friend, business
partner and political contributor John Bales.
A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
Dallas-based CLST Holdings Inc. has struggled, and its shares trade for a mere 9 cents apiece.
Indianapolis financier Tim Durham’s famed 98-foot yacht is up for sale for $4.8 million. Durham has been selling some of his
holdings in recent months as financial pressures have intensified after the FBI raided his offices in Indiana and Ohio.
A legal brouhaha over the recent auction of a Duesenberg automobile by Tim Durham has taken a new twist, with Durham’s bank
charging the financier didn’t have the right to sell the car in the first place.
The written statement Carl Brizzi released Thursday saying he will not seek a third term as Marion County prosecutor makes
no reference to the controversy surrounding his business and personal ties with embattled Indianapolis financier Tim Durham.
First Merchants Bank is seeking nearly $1 million from Tim Durham and his companies through a recently filed loan-default
lawsuit.
Professionals liquidating the not-for-profit have so far recovered nearly 68 percent of the $82 million owed
investors.
Indianapolis Business Journal and The Wall Street Journal have joined the legal fight to unseal search
warrant documents related to the federal investigation of businessman Tim Durham.
Tim Durham struck a deal to sell a vintage Duesenberg for $1 million before auctioning off the same vehicle for $2.9 million,
according to the small-town Michigan mayor who said he agreed to buy it.
Tim Durham’s Obsidian Enterprises Inc. plans to vacate the top floor of the state’s tallest building next month, real
estate sources say.
Carl Brizzi partnered on a bank branch, took an ownership interest in an office building and flipped condos.
A Virginia businessman is suing Tim Durham, alleging he and other defendants manipulated the September auction of a 1930 Duesenberg
that sold for $2.9 million.
A federal financial-disclosure statement Brizzi submitted in May lists the politician as an investor in Red Rock Pictures
Holdings Inc., a film-development firm also backed by Durham.