Tim Durham closes New Castle restaurant
A sign on the door of Durhams Ristorante says the moderately priced Italian eatery will be "closed until further notice."
Tim Durham
Articles
Fair Finance trustee finds lots of debts, few assets
Tim Durham, Fair’s co-owner and CEO, burned through staggering sums on a lavish lifestyle, loans and gifts to friends,
and loans to businesses he partly owned that performed dismally.
Lawmaker wants Durham donations returned
State Rep. Ed DeLaney of Indianapolis said Thursday that contributions of more than $800,000 by Indianapolis businessman Timothy
Durham should be sent to a bankruptcy trustee for Ohio investment firm Fair Finance Co., which was forced into bankruptcy
earlier this year.
Judge refuses to unseal Fair Finance search warrants
Judge Sara Lioi ruled the right of access to search warrant records connected with an ongoing investigation is “not
absolute” and not justified in this case.
Trustee pressing Daniels, others to return Durham’s donations
Trustee Brian Bash has sent letters to politicians who he says received a total of $900,000 in funds Durham had borrowed
from the coffers of Fair Finance, a now-bankrupt investment firm based in Ohio.
Trustee: Durham used Fair funds for gambling, donations
The bankruptcy trustee said Durham spent $2.8 million on gambling and resorts, $3.3 million on interior decorating and $14
million on real estate.
FBI scoops up Tim Durham’s car collection
An agreement with Durham's attorney paved the way for FBI agents to pick up 18 cars from Durham's residences in Indianapolis
and Los Angeles.
Durham attorney blasts FBI after vehicle seizures
Embattled financier Tim Durham’s lawyer, Larry Mackey, said the FBI should have known a bankruptcy trustee had the titles.
An attorney for
the trustee said investigators were aware.
Durham willingly turning over assets in Fair bankruptcy
Tim Durham, the Indianapolis businessman who purchased Akron, Ohio-based Fair Finance Co. eight years ago, is facing up to
the reality he owes the company a bundle and is shoveling over assets. Nevertheless, the FBI seized some Durham vehicles on
June 24.
Durham poised to turn over proceeds of mansion sale
Beleaguered financier Tim Durham acknowledges owing millions to Fair Finance and is turning over artwork and selling assets
to reduce the loan, according
to an attorney overseeing the company’s bankruptcy.
Durham’s Geist mansion listed for $5.5 million
Beleaguered local businessman Tim Durham’s Geist home is listed for sale with a $5.5 million asking price.
Fair Finance trustee sues Dan Laikin for $19M
The suit against Laikin, a longtime friend of Fair Finance CEO Tim Durham, is the first major legal move to untangle the morass
of related-party loans that propelled the company into insolvency.
Path to Fair Finance funds full of detours, roadblocks
The troubles at U.S. Rubber Reclaiming demonstrate the challenges a bankruptcy trustee faces in trying to recover money for
investors.
Fair Finance co-owner charged with domestic battery
The embattled businessman was booked into the Hamilton County Jail following an incident Saturday morning at his Geist Reservoir
home.
Mysterious $14M Verizon payable looms over Durham firm
CLST Holdings founder Al Goldfield says the company hid a $14 million debt to Verizon Communications Inc. in the years after
he left.
Fair Finance trustee to make life tough for people on loan list
Borrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.
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.
Bankruptcy trustee for Fair Finance wades into morass of insider loans
Brian Bash will need to untangle a web of related-party transactions that have befuddled nearly everyone who has tried to make sense of them.
Judge places Fair Finance into bankruptcy
A federal trustee will take control of the company’s assets while securities-fraud probes continue.
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.