Indianapolis couple offers seniors a senior housing alternative
Unusual home on south side has a dozen bedrooms for folks who need to give up their own homes.
Scott Olson
Articles
Officials: Fair Finance largest fraud case in state’s history
Timothy S. Durham (pictured at far left), James F. Cochran and Rick D. Snow were all arrested on Wednesday following a grand jury indictment.
Estridge again seeking investors to avoid closing
The Carmel-based homebuilder said Tuesday that it will shut down if outside investors or a line of credit aren’t obtained soon. The company previously received a cash infusion last June from a group of subcontractors.
Rolls-Royce moving 2,500 workers downtown
The British-based company will move the office workers later this year to a downtown Indianapolis office building on South Meridian Street formerly occupied by Eli Lilly and Co.
Decade-old Heartland fraud case nearing end
The receiver appointed in the case is distributing the last of $2.6 million in assets he recovered from the $29 million investors lost in the Ponzi scheme.
CIB, Colts dispute stadium concession expenses
The Indianapolis Colts and its stadium manager, the Capital Improvement Board of Marion County, are squabbling over who pays certain concession expenses. The dispute ultimately could reach arbitration, if an agreement is not reached.
City terminating contract of Eagle Creek golf manager
Jerry Hayslett, who has managed the golf club on West 56th Street since 1999, will no longer be the operator, effective April 1, after he defaulted on a $3.5 million loan balance, city officials said.
Banks OK with ‘clean energy financing districts’
Industry feared original bill would have put mortgage lenders at added risk.
New federal rules prompt ITT to change bonus-pay criteria
The Carmel-based for-profit educator still will pay its top executives bonuses, but they’ll no longer be tied to school enrollment, the company said Tuesday in a proxy filing.
Smoking concerns cloud city’s hosting of Big Ten tourney
A group of Michigan State University alumni are upset that their school is paired with the Slippery Noodle Inn, a smoking establishment, in a city promotion that matches Big Ten universities with downtown bars and restaurants during the men’s basketball tournament.
Northeast-side office building target of foreclosure
Owners of the nearly 40,000-square-foot office complex near East 71st Street and Binford Boulevard have defaulted on a $3 million bank note, according to court documents.
Indianapolis hopeful it can retain Big Ten tournaments
The contract between Indianapolis and the Big Ten expires in 2012, and officials from the conference’s 11 universities are beginning the process to select a future host for the men’s and women’s basketball tournaments.
Appellate court upholds state alcohol permit quotas
Judges’ decision deals blow to state’s package liquor stores, which sought to stop the Indiana Alcohol and Tobacco Commission from issuing new permits until the judges could clarify state quota laws.
Brightpoint suing software vendor for negligence
The local distributor of wireless phones has filed suit against Massachusetts-based Emptoris Inc., and is looking to recoup millions of dollars it paid the company in addition to the amount it says it spent trying to fix the problem.
DeVry wins abatements for nursing school
The Metropolitan Development Commission awarded the tax abatements for the nursing school, set to open in October, despite opposition from the Nora-Northside Community Council and Metropolitan School District of Washington Township.
Bankruptcy filings ease slightly in Indiana
Total bankruptcy filings in the Southern District of Indiana, which encompasses Indianapolis and the surrounding counties, ticked down last year. Business bankruptcies in Indiana dropped 3.2 percent.
UPDATE: Lilly settles pollution suit for $337,500
The agreement with the U.S. government calls for the pharmaceutical company to pay a $337,500 penalty for allegedly emitting a high level of hazardous pollutants from its manufacturing plant on South Harding Street.
UPDATE: Lilly settles pollution suit for $337,500
A complaint filed Wednesday by the U.S. government says Lilly’s plant on South Harding Street is emitting high levels of acetonitrile and methanol, considered hazardous air pollutants by the EPA.
Broadband provider’s legal fight escalates
Indiana-based Omnicity Corp. has filed countersuits against the owners of two companies it acquired who are charging in court that Omnicity failed to fully pay them for the acquisitions.
Local lawyer’s connection to the greats runs deep
What do Johnny Unitas, Vince Lombardi and Babe Ruth have in common? Indianapolis intellectual property attorney Jonathan Faber.