California investor losing grip on holdings
Blue Real Estate defaulted on a $17.5 million loan for six buildings in Park 100, according to a mortgage foreclosure suit Bank of America filed this month in Marion County.
Kathleen McLaughlin
Articles
Council may give up crime-grant duty to Parks Foundation
Under a proposal on its way to the City-County Council, the Indianapolis Parks Foundation would oversee millions of dollars in tax-supported grants for crime prevention.
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.
Fourth-quarter earnings improve at Calumet
Calumet had profit of $9.5 million in the quarter ended Dec. 31, up from $8.2 million in the same quarter of 2009.
American Legion HQ changes membership tactics
In a move to shore up American Legion’s bottom line, the organization is holding back thousands of new members—along with their dues—from state affiliates.
Water damage closes Carmel art gallery
The Evan Lurie Gallery in Carmel is recovering from water damage that will leave it closed for at least another week.
Ex-Emmis exec uses estate toolkit to fund Butler venue
Howard Schrott will provide $6.5 million toward the $13 million performing-arts building.
Entrepreneurs plan microbrewery for Fountain Square
A group of entrepreneurs plans to open Fountain Square Brewing Co., possibly this summer, in a former carburetor-repair shop.
Tax credit would benefit public school foundations
Ellettsville Democrat Vi Simpson wants to create an income-tax credit for gifts to public-school foundations, which could compete with one that’s already available for private-school scholarships.
Mini Thin marketer slapped with suit
A Carmel man whose Mini Thin dietary supplement was sold through convenience stores nationwide before the government banned its active ingredient now faces allegations of bankruptcy fraud.
Unions looking to make Hoosier comeback
Indiana could be on the front line in the United Auto Workers’ campaign to unionize foreign-owned plants.
Federal judge backs jury award in FedEx-ATA dispute
Richard Young rules that the $66 million verdict against FedEx was rational and “not monstrously excessive.”
Former Allison exec settles suit alleging bribery
A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
Salvation Army reaches holiday goal after late surge
The Salvation Army of Indiana announced Wednesday morning that it reached its holiday fundraising goal of $2.93 million after a last-minute appeal.
State lobbying commission sidelines executive director
The Indiana Lobby Registration Commission placed Executive Director and general counsel Sarah Nagy on paid leave Monday, the day before a busy filing day for the state's lobbyists.
Titanic buoys state museum attendance
“Titanic: The Artifact Exhibition” attracted 88,465 paying visitors during its 103-day run and boosted overall museum attendance by 45 percent.
Senator tries to fix Greenwood merger problems
State Sen. Brent Waltz hopes new legislation on local government mergers will mend fences in his home of Johnson County while saving other Indiana communities a series of headaches.
Peace gardens slated for downtown
The Indianapolis Cultural Trail being built through the heart of downtown will include sculptural gardens dedicated to Martin Luther King Jr. and Abraham Lincoln, an extension of the $2 million Glick Peace Walk.
Hoosier State Press Association revamps co-op advertising
The press association hired a former marketing director for Columbus-based Home News Enterprises in late 2009 to spearhead the service.
Palladium not alone in playing up acoustics
The new Center for the Performing Arts in Carmel and other arts organizations are promoting the quality of their venues’ acoustics, but does the paying public really care?