Multitude of creditors left high, dry as Celadon bankruptcy case closes
With most liquidation efforts complete, Celadon has raised only $75 million—$45 million short of the $120 million it needed to satisfy a loan from its secured creditors.
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Justices uphold FCC’s easing of local media ownership limits
The decision comes as newspaper and broadcasting industries say they need the changes to deal with growing competition from the internet and cable companies.
Supreme Court sides with Facebook in text message dispute
Democratic lawmakers and consumer groups said the court opened a gaping hole in the law, the Telephone Consumer Protection Act, that would subject anyone with a cellphone to endless automated calls and messages.
Survey of athletic directors shows worries about women’s college sports
The most striking of the results: 94% of respondents said it would be somewhat or much more difficult to comply with Title IX gender equity rules if their school were to compensate athletes in the biggest money-making sports.
Indianapolis businessman pleads guilty in $11M Ponzi-style investment scheme
Federal investigators say George S. Blankenbaker Jr. and three of his companies raised more than $11 million from at least 109 investors in a fraudulent scheme he operated from 2016 to 2019.
Supreme Court skeptical of NCAA’s case for withholding benefits from student athletes
In 90 minutes of arguments held via teleconference, justices across the ideological divide grilled the NCAA’s lawyer and repeated criticisms that the organization invokes its defense of amateurism as a way to increase profits while keeping its labor cost low.
Supreme Court case could change the nature of college sports
If the former college athletes who brought the case win, colleges could end up competing for talented student athletes by offering over-the-top education benefits worth tens of thousands of dollars.
Lilly exec created hostile work environment for women, former lobbyist claims in suit
Sonya Elling filed suit Friday in federal court against the drugmaker, alleging that Leigh Ann Pusey, senior vice president for corporate affairs and communications, precluded her from engaging with members of Congress because she was “not a cute, young thing.”
NCAA hires law firm to assess gender equity at tourneys
Under sharp criticism during its marquee March Madness tournaments, the Indianapolis-based NCAA said Thursday it is hiring a law firm to review potential gender equity issues related to how it conducts its men’s and women’s championship events.
Pratt named chief judge of Indiana Southern District Court
Judge Tanya Walton Pratt succeeds Judge Jane E. Magnus-Stinson as chief judge, making history as the first person of color to lead the court.
Marsh bankruptcy leaves creditors with losses of $340M
The trustee liquidating the grocery chain this month asked the court to close the case, saying he had wrapped up the process of selling off assets and turning proceeds over to creditors.
Indiana attorney general defends governor’s mask order power
The defense of Gov. Eric Holcomb’s action comes even though Republican Attorney General Todd Rokita, who took office in January, previously called for curbing the governor’s authority.
Zionsville mayor files suit, seeks to clear up her power to demote department heads
Zionsville Mayor Emily Styron filed a lawsuit Tuesday that should determine whether the town’s council can keep her from demoting the fire department’s chief.
Police reform bill heads to governor’s desk after 49-0 Senate vote
House Bill 1006, which would largely ban the use of chokeholds, penalize police officers for intentionally turning off body and vehicle cameras, and make it easier for the Indiana Law Enforcement Training Board to decertify bad-acting officers.
Senate committee passes legislation to establish regional crime gun task force
The task force would expand on a partnership between the Fishers Police Department and the Indianapolis Metropolitan Police Department that officials say has already helped reduce crime in the area.
Indiana attorney general continues business advisory roles
Attorney General Todd Rokita is being paid by private businesses for consulting work, including $25,000 a year for advising a Connecticut-based pharmaceutical company, according to a newspaper report.
Indiana police reform bill sails through Senate committee
House Bill 1006 includes provisions for mandatory de-escalation training, misdemeanor penalties for officers who turn off body cameras with intent to conceal, and bans on chokeholds in certain circumstances.
Lawmakers weigh freezing property assessments after successful appeals
Indiana lawmakers are considering legislation that would freeze property tax assessments for four years when a property owner wins an appeal.
Former head of Eskenazi burn unit sues IU Health, IU medical school
A prominent Indianapolis surgeon is suing Indiana University and Indiana University Health, claiming they broke his contract and interfered with his ability to get another job.
Indiana group asks U.S. Supreme Court to hear mail voting suit
Attorneys for the advocacy group Indiana Vote By Mail argue in the petition filed Friday that the state law allowing no-excuse mail balloting by those ages 65 and older infringes on the constitutional rights of those younger.