Durham car collection fetches $2.2M
A 1929 Duesenberg once driven by Elvis Presley garnered the largest price—$1.237 million.
A 1929 Duesenberg once driven by Elvis Presley garnered the largest price—$1.237 million.
Fair Finance Co.’s bankruptcy trustee scheduled the Friday auction to raise money for creditors of the defunct company, including more than 5,000 Ohio residents who hold more than $200 million in unsecured investment certificates.
Mark Singer, who was convicted of scheming to steal as much as $27 million set aside to maintain the graves of people who had paid in advance for their funerals, has been sentenced to three years in prison.
ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.
Roche Diagnostics requested a temporary restraining order against Medical Automation Systems Inc. Tuesday after receiving word the company is speeding up plans to sell itself to Roche rival Alere Inc.
Sydney "Jack" Williams, founder of Williams Realty Group, recruited dozens of investors, many with Indiana ties, to invest in a Florida business that turned out to be a giant fraud.
Marion County Prosecutor Carl Brizzi said he plans a new business in reputation management. He will also work as an attorney from offices in Hamilton County and Indianapolis.
Omnicity Corp. is a half-year behind in payments to a Muncie lender and faces several lawsuits over unpaid bills from companies it acquired.
The suit accused CEO Gary Wendt, President Bill Shea, Chief Financial Officer Charles Chokel and Chief Accounting Officer Jim Adams of engaging in a “massive and systematic coverup of … actual debts and losses through complex accounting, misleading disclosures, and irregular accounting practices.”
The agreement allows embattled financier Tim Durham to remain on the board of CLST Holdings, but mandates he step down as chairman and not vote on any matter unless doing so would make the board unanimous.
A series of questionable decisions by Bren Simon in recent months appear to have paved the way for a Hamilton County judge’s order this week removing Bren as interim trustee over Simon Property Group co-founder Melvin Simon’s estate.
Sweeping changes proposed for Indiana’s criminal sentencing system won the endorsement Wednesday of Gov. Mitch Daniels, who said that if lawmakers enact the changes they would hold down the state’s ballooning prison population and save taxpayer money.
The U.S. International Trade Commission said Monday that Ataudes Aguilares will be barred from bringing in caskets with attached memorabilia compartments, which Batesville-based Hillenbrand has patented.
Rolls-Royce Corp. concealed repeated defects at an aircraft engine plant in Indianapolis and fired a safety official for reporting the problems, according to a lawsuit filed in federal court.
A judge sentenced 66-year-old Vaughn Reeves to 54 years in prison during a court hearing Tuesday in Sullivan. A jury convicted him in October on nine counts of securities fraud.
Indianapolis-based Republic Airways Holdings Inc. and its Frontier Airlines unit filed a trademark-infringement case against the operator of a website offering gift cards as consumer incentives.
A judge on Friday approved a plan under which investors who lost millions in Marcus Schrenker’s financial schemes will get back seven cents on the dollar.
Attorneys for Bren Simon turned their ire toward a Hamilton County judge on Tuesday, asking him to recuse himself from a legal battle over real estate magnate Melvin Simon's $2 billion estate.
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools say the school formula violates the state constitution's requirement for "general and uniform" public education funding because districts get different per-pupil amounts.
Tim Durham says he’s ruined financially, but he’s not cutting corners lining up legal firepower to defend himself. Durham has hired famed criminal defense attorney Roy Black of Miami, lawyers representing the Indianapolis financier in civil litigation confirmed.