A lot of people owe money these days, and some of the agencies hired to pursue them are resorting to old- school tactics to
collect. Things like calling at all hours, threatening to have debtors jailed or fired, or employing abusive language.
A judge has given Lauth Group Inc. a reprieve from an equity investor that is seeking to take control of most of the developer’s
properties.
Few commercial real estate properties are changing hands in the Indianapolis area these days, creating challenges for brokers who say it’s becoming increasingly difficult to determine the value of properties.
Norwood Promotional Products Inc. suggests it’s positioned to sail through bankruptcy, thanks to a pending-sales agreement. But creditors, owed nearly $300 million, are expected to balk.
Struggling developer Lauth Group Inc. has cut about 90 percent of its staff and lost control of part of its portfolio to a
major equity partner-developments that raise doubts about whether the locally based company can survive the recession.
In a March 13 filing with the Securities and Exchange Commission, publicly traded White River revealed it’s postponed its merger with First Chicago Bancorp, and now is negotiating new terms.
Indiana golf course operators are nervous about how the recession might lead to fewer golfers and lost revenue.
Entrepreneur Steven J. Cage has launched a new quality-control business after the one he built into an industry leader shuttered suddenly.
The state’s overreliance on gambling, what once seemed like easy money, is becoming a major concern to taxpayers.
Car dealers fearful of losing their flagship brands if auto manufacturers crash and burn aren’t getting much help from the
Indiana General Assembly.
Hoosiers’ long ride on the gambling gravy train finally may be coming to an end.
Despite the bad economy, the Indianapolis Indians’ franchise could make a record amount of money in 2009.
Local manufacturing stalwart Allison Transmission will have to restructure its more than $4 billion in debt or further cut
expenses if it’s going to weather the recession.
Pathway Productions, purveyors of some of the highest-profile documentaries to come out of the Indianapolis area in the last
decade, is on the brink of extinction.
Without fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
Financing is the lifeblood of companies turning intellectual property into a product or service, but turbulent economic conditions
have made it increasingly difficult to raise cash from investors who are content to wait
out the storm by concentrating on their existing portfolios.
Tim Durham is facing allegations of self-dealing after a publicly traded company he helps run in Dallas acquired assets from
a finance company he owns in Ohio.
Contractors struggling under the weight of an unfinished factory in Tipton are hoping for a quick sale to recover at least
some of the $44 million they say they’re owed by Getrag Transmission Manufacturing.
We’re generally supportive of a plan to merge the state’s two largest public pensions in an effort to save money, but it’s
hard to know exactly what to think considering the lack of detailed information available about the performance of the funds.
It was not World War II that moved America out of the Great Depression.
