BrightPoint reaches settlement in shareholder suits
Lawsuits filed by BrightPoint Inc. shareholders who are challenging the company's proposed sale to a California firm are set to be dismissed after the sides reached a settlement.
Legal Issues
Articles
Case from 1970 revisited in dispute over NBA TV revenue
The NBA asked a Manhattan judge on Thursday to side with the league in a legal dispute that stems from a sweetheart deal enjoyed by the former owners of a defunct American Basketball Association team — and despised by current owners of four NBA franchises, including the Indiana Pacers.
’80s anti-takeover law helped sow Emmis win
The Indiana Business Corporation Law—enacted to help Hoosier companies fight off a wave of attacks by corporate raiders—gives boards of directors unusually broad authority to exercise judgment as they see fit.
State high court to hear Simon defamation suit
The Indiana Supreme Court has agreed to hear oral arguments Oct. 24 in the case involving a California lawyer that stems from a separate suit filed by a former nanny of Herb and Bui Simon.
Fishers company loses Marilyn Monroe court appeal
CMG Worldwide, an intellectual property licensing firm in Fishers, has lost a federal court appeal related to ownership of iconic images of Marilyn Monroe.
Steak n Shake loses appeal over franchisee’s pricing
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
Fortune Industries shareholder drops suit against company
Mark Haagen had sought class-action status on behalf of certain shareholders, charging that the price offered in a proposed sale for each share in the company is too low. Haagen voluntarily dismissed the suit.
Faction turns on trustee in Eastern Livestock bankruptcy
Things have suddenly taken an ugly turn for veteran Indianapolis attorney Jim Knauer and his legal advisers at Faegre Baker Daniels, who are under attack by parties that want them bounced from the massive bankruptcy case for Eastern Livestock Inc.
Ex-Countrymark CEO denied early prison release
David Swanson had argued that his lawyers were derelict in not seeking a mistrial stemming from his 2002 conviction on wire fraud, money laundering and tax evasion charges. A federal appeals court on Wednesday affirmed his 12-year sentence.
Former Eiteljorg director suing museum for overtime pay
Former merchandising director Judy McElfresh claims the museum failed to pay her for working more than 1,000 hours of overtime. Her suit seeks at least $75,000 in damages.
Former Durham exec ordered to pay $30,000
Former Obsidian Enterprises Inc. President Terry Whitesell will pay the amount as part of a settlement agreement. A bankruptcy trustee representing investors of Fair Finance Co., owned by convicted financier Tim Durham, had sought more than $225,000 from Whitesell.
AT&T technicians file lawsuit over lunch policy
Eleven AT&T technicians have filed a federal lawsuit seeking class-action status to collect unpaid wages and overtime, alleging the company compels them to work during unpaid lunch breaks. The suit seeks to represent 1,300 AT&T technicians in Indiana.
Stage collapse victims to find out how to get share of $6M
Those wanting to participate in the settlement must agree to various conditions, some aimed at limiting the state’s exposure to claims from third parties.
Don Marsh fighting to keep jury from learning he took Fifth
Attorneys for Don Marsh are trying to ensure that his refusal to answer questions during a 2010 deposition doesn’t come back to haunt him when Marsh Supermarkets' lawsuit against him goes to trial in October.
Stage company rejects Indiana State Fair settlement deal
The owner of the stage that collapsed at Indiana's State Fair last year and killed seven people rejected a settlement plan Wednesday that would have protected the state from further legal action and paid victims an additional $7.2 million.
Fair victim settlement shields Indiana from company
Indiana lawmakers presented their decision to offer an additional $6 million to victims of a deadly stage collapse at last year's state fair as a way to help those who weren't adequately compensated by its first settlement. But buried in the legislation was a clause protecting the state from having to pay even more.
Couple works to bring good from wedding day crash
Tom and Lauren Hanley's wedding day turned tragic two years ago when a traffic accident killed a groomsman and injured others in their bridal party. The Indianapolis couple is now using some of their settlement in a lawsuit from the crash to support a mutual passion.
Most Indiana fair stage-collapse victims accept settlement
Most victims of a deadly stage collapse at the Indiana State Fair have agreed to accept shares of a $13.2 million settlement offer from the state and two private companies, the state attorney general's office said Thursday.
Deadline arrives for Indiana fair disaster claims
Victims of the deadly stage collapse at the Indiana State Fair faced a Wednesday deadline to make claims against a $13.2 million settlement offer from the state and two private companies, but it could be weeks before they learn their share of the money and even whether the deal will go forward.
Indiana backs off defense of new immigration law
The state attorney general's office said Tuesday that it no longer will defend most of the disputed portions of Indiana's new immigration law, as they were rendered invalid when the U.S. Supreme Court struck down similar parts of an Arizona law in June.