Regions Tower owners face $75M foreclosure suit after missing loan deadline
In addition to its foreclosure demand, Wilmington Trust has requested the appointment of a new receiver for the 685,000-square-foot, 36-story property.
Lawsuits
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Tennessee, Virginia AGs suing NCAA over NIL-related recruiting rules
The lawsuit filed in the Eastern District of Tennessee claims the NCAA is “enforcing rules that unfairly restrict how athletes can commercially use their name, image and likeness at a critical juncture in the recruiting calendar.”
Musk cannot keep Tesla pay package worth more than $55B, judge rules
The ruling comes more than five years after a shareholder lawsuit targeted Tesla CEO Musk and directors of the company for unjust enrichment.
Neighbors file suit to block proposed $61M Willows redevelopment
The group opposes the Elements multifamily project planned by developers J.C. Hart Co. and Chase Development to redevelop the Willows Event center into a 192-unit apartment community and 16 condominiums fronting Spirit Lake, north of Broad Ripple.
Starbucks sued by consumer group that calls its claim of ethical sourcing false and misleading
Starbucks said Wednesday it was aware of the lawsuit and will “aggressively defend against the asserted claims.”
Victim lawsuit alleges Greenwood mall owner, security could have stopped fatal shootings
Victims of the July 2022 shooting at the Greenwood Park Mall are suing Simon Property Group and its security company, alleging that the shooting that left three people dead and others injured was foreseeable and could have been prevented.
Nevada company sues Lilly for breach of contract over Alzheimer’s drug
Lilly called the lawsuit “baseless” and said PDL BioPharma “has no plausible claim to royalties” for donanemab, which is expected to be approved by the FDA this quarter.
Google settles lawsuit alleging Chrome’s ‘Incognito’ mode tracks users
Users alleged the search giant captured and tracked their data while in “Incognito” mode, a Chrome browser setting that is supposed to protect users’ privacy. The total cost to Google if it lost the case could have been in the billions.
Apple Watch sales ban put on hold by U.S. appeals court
An appellate court in Washington, D.C., issued the interim stay Wednesday, a day after Apple sought the delay.
New York Times sues OpenAI, Microsoft over use of stories used to train chatbots
The suit says OpenAI and Microsoft are advancing their technology through the “unlawful use of The Times’s work to create artificial intelligence products that compete with it.”
UPDATE: Taco Bell Cantina franchisee schedules opening despite lawsuit
A lawsuit claims the planned Cantina is too close—within one-tenth of a mile—to Circle Centre Mall’s Taco Bell, setting up unfair competition in violation the Indiana Deceptive Franchise Practices Act.
Google to pay $700M to U.S. states, consumers in app store settlement
Although Google struck the deal with state attorneys general in September, the settlement’s terms weren’t revealed until late Monday.
Chemical firms to pay $110M to Ohio to settle claims over releases of ‘forever chemicals’
The settlement involving DuPont, the Chemours Co. and Indianapolis-based Corteva Inc. resolves Ohio’s claims relating to releases of manmade, fluorinated compounds known as PFAS.
High-stakes dispute between Lilly, competitor over migraine drugs winding down
The two companies have been battling for years over patents for migraine headache drugs—Emgality for Lilly and Anjovy for Teva. Both drugs are once-monthly injections and were approved 13 days apart in September 2018.
Attorney General Rokita plans to appeal ruling backing IPS in lawsuit over $1 law
Indiana Attorney General Todd Rokita said he will appeal a Marion County judge’s ruling that grants Indianapolis Public Schools an exemption from state law requiring districts to sell closed school buildings to charter schools for $1.
Indy animal shelter volunteers sue city, alleging officials tried to stifle critical speech
The federal lawsuit alleges Indianapolis Animal Care Services violated the volunteers’ First Amendment rights when they received threats of termination for wanting to speak publicly about issues plaguing the shelter.
Amazon used algorithm to essentially raise prices on other sites, FTC says
Amazon is accused of violating federal and state antitrust laws, but the company has responded with a full-throated defense of its business practices.
Judge dismisses Satanic Temple lawsuit over Indiana’s abortion ban
The Satanic Temple filed a federal lawsuit last year, claiming that the new abortion ban violates Indiana’s Religious Freedom Restoration Act.
States sue Meta, claiming its social platforms are addictive, harm children’s mental health
Dozens of states, including Indiana, are suing Meta Platforms Inc. for contributing to the youth mental health crisis by knowingly designing features on Instagram and Facebook that addict children to the platforms.
Eli Lilly targets firms that import, sell imitation Mounjaro online
The drugmaker accused 11 companies of importing products that they say contain tirzepatide, the active ingredient in Mounjaro, while falsely implying that their products are associated with Eli Lilly or approved by the FDA.