Big payday for lawyers in concrete price-fixing case irks Duke
Duke Realty is fighting a request to award an additional $9.7 million in attorneys' fees, calling the amount excessive.
Legal Issues
Articles
Judge tosses fraud claim in Mel Simon estate case
Judge William J. Hughes ruled Deborah Simon failed to make her claim with “sufficient specificity.”
Court: Celadon ‘general counsel’ lacks license, can’t practice law
Kenneth Core, who referred to himself in letters and electronic correspondence as Celadon Group’s general counsel, cannot practice law in Indiana until he receives a state law license, the Indiana Supreme Court said.
Ex-exec accuses JA of withholding retirement funds
Victor George filed suit in federal court, alleging Junior Achievement failed to properly remit money to his retirement and
health-savings accounts.
Lilly sues to block generic of Adcirca lung treatment
Netherlands-based Synthon Pharmaceuticals is seeking U.S. Food and Drug Administration approval to sell a copy of the medicine.
Schrenker: ‘Data’ show he tried to fake own death
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
Lilly, Transition Therapeutics make diabetes deal
Drug developer Transition Therapeutics Inc. said Wednesday that it will pay $1 million to license a group of potential diabetes
drugs from Eli Lilly and Co.
Simon daughter questions using father’s estate to pay donations
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
Judge halts dissolution of struggling Durham firm
A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
Pfizer’s Viagra patent partially rejected in Lilly fight
The patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn’t different
enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against
Eli Lilly and Co. over its rival Cialis drug.
Judge weighing request to unseal Fair Finance records
A federal judge is weighing whether to unseal search-warrant documents related to the federal investigation of businessman
Tim Durham and Akron, Ohio-based Fair Finance Co. following a hearing Thursday in Youngstown, Ohio.
Lawsuit could bring NCAA financials to light
Lawyers for former UCLA basketball player Ed O’Bannon are promising to expose financial information about NCAA’s licensing
contracts the NCAA would rather keep private.
CVS settles Indiana complaint over 2 pharmacists
Pharmacy giant CVS will pay $1.95 million and verify that all of its pharmacists are licensed in Indiana to settle a state
complaint that pharmacists with expired licenses dispensed prescriptions for several years at two of its drugstores.
Ex-Indiana player Leary arrested in fraud case
The 39-year-old Leary was being held Friday in the Monroe County Jail in Bloomington on charges out of Allen County.
Businesses walk fine line when supporting Colts
As Super Bowl approaches, companies unaffiliated with the Colts avoid becoming victims of the NFL’s strict trademark-enforcement
policies by supporting the team in generic fashion.
Two more sentenced in mortgage fraud scheme
Federal prosecutors say the men were part of a scheme in which straw deals were set up to obtain inflated mortgages on more
than 100 Indianapolis houses.
Fair Finance investors fear money is disappearing
Ohio residents who attended investor meeting say recovering funds hinges on locking down assets that remain.
Simon says husband’s shrinking fortune spurred new will
Bren Simon says in a new court filing that her billionaire husband Mel Simon granted her a bigger share of his fortune in
the last year of his life because of alarm over Simon Property Group’s plunging stock price and a sharp cut in its cash
dividend.
Former attorney sentenced in fraud case
A former attorney who pleaded guilty to mail fraud has been sentenced to three years probation for submitting inflated bids
on foreclosed homes to the company for which he worked and pocketing the difference.
Court affirms receiver for Michelle Schrenker’s assets
Indiana Court of Appeals agrees with lower court’s decision to appoint receiver to oversee finances of ex-wife of convicted
money manager Marcus Schrenker.