Intellectual property theft rising quickly
Filching ranges from crude to highly sophisticated, experts say.
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Fair bankruptcy trustee hears from prospective Lampoon suitors
Fair Finance Co.’s bankruptcy trustee is getting inquiries from parties interested in buying National Lampoon Inc., the Los Angeles-based comedy business led by embattled Indianapolis businessman Tim Durham.
Financier in botched deal sues Emmis over loan to Smulyan
In uncommonly sharp language, attorneys for New York-based Alden Global Capital accused Emmis' board of “a blatantly self-dealing transaction” that allows Smulyan to “pursue a personal litigation vendetta” against Alden.
E-mails detail Fair Finance partner’s money woes
E-mails filed in bankruptcy court this week show that Fair Finance Co. co-owner Jim Cochran spent money with such abandon that by 2008 he was living off credit cards and imploring CEO Tim Durham to more than double his salary to $1 million.
Elevator company wants indemnity from IRT
An Illinois elevator company wants a judge to force the Indiana Repertory Theatre to protect it from liability in a lawsuit brought by a catering worker who fell down the elevator shaft at the downtown theater in 2007.
Appeals court agrees to hear challenge in Simon case
The Indiana Court of Appeals has agreed to hear an appeal from the widow of the late Melvin Simon, putting on hold a legal dispute over the mall magnate's more than $2 billion estate.
Hamilton County woman to be sentenced in stock scheme
Prior to Wednesday’s sentencing, the Secretary of State’s securities division said it reached an agreement to liquidate the assets of Dorothy Geisler, including her home on Geist Reservoir.
Fair trustee: Durham committed fraud of ‘shocking proportions’
Fair Finance Co.’s bankruptcy trustee alleges Tim Durham perpetrated a fraud of "shocking proportions,” draining huge sums from the Akron, Ohio, firm for years to mask that his business empire had collapsed.
Fair Finance trustee sues Indy attorney for $375,000
The loan from Fair Finance Co. to Stephen and Linda Plopper matured in 2006, but the couple has failed to satisfy the debt despite recent demands for payment, the suit alleges.
Former Colts player charged in $1M theft case
Former Indianapolis Colts quarterback Art Schlichter, whose NFL career was derailed by a gambling addiction, was charged Monday with stealing more than $1 million from a 68-year-old woman in suburban Columbus, Ohio.
Fundex settles trademark suit with game inventor
Fundex Games Ltd. has given up its rights to the game Chronology to settle a suit brought last March by local inventor Jane Ruemmele.
Groups file suit to stop I-69 work downstate
Environmental and citizens groups seek to stop construction of the 142-mile link between Evansville and Indianapolis, saying it will destroy valuable natural resources.
Emmis decision to pay CEO legal fees illegal, financier says
Alden Global Capital, a firm Emmis CEO Jeff Smulyan is suing for backing out of a deal to finance his efforts to take Emmis private, charges that a $200,000 loan Emmis made to pay his legal fees violates the Sarbanes-Oxley Act.
Bill would expand powers of campus police officers
Police officers at Indiana colleges and universities could have the same authority as city and county officers under a bill introduced in the General Assembly.
Missionary group says vendor holding website hostage
Evangelical Baptist Missions Inc. says its former IT vendor is holding its website hostage—potentially hampering the safety of people working abroad.
Settlement struck in HHGregg dryer lawsuit
The deal, which could become final next month, stems from a lawsuit brought by a group of consumers accusing the Indianapolis-based appliance retailer of improperly installing dryer vents.
Columbia Club Foundation says funds stolen by director
The private club’s president alerted members to the theft in a letter, but declined to specify how much was taken. Still, he said the director, who is not named in the correspondence, is making restitution.
Fair Finance trustee still searching for deep-pocketed savior
Trustee Brian Bash and his legal team have yet to publicly implicate anyone who appears to have the cash to substantially reduce the staggering losses.
State senator: Should Indiana legalize marijuana?
Sen. Karen Tallian, D- Portage, is sponsoring a bill that would direct the criminal law and sentencing study committee to examine Indiana's marijuana laws next summer and come up with recommendations.
Indiana House OKs bill to ban texting while driving
Indiana drivers would not be allowed to send or read text messages on mobile phones under legislation that cleared the Indiana House on Tuesday.