German American Capital Corp. claims the owner of the strip mall, Castleton Plaza LP—a subsidiary of Broadbent Co.—owes it $10 million. The lender is requesting the property be sold at a sheriff's sale to help satisfy the debt.
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.
Florida-based CV Sports Marketing Inc. alleges in a lawsuit that the IRL and Indianapolis Motor Speedway could owe millions of dollars in fees relating to its role in landing Izod as a title sponsor.
A panel of Indiana Court of Appeals judges on Monday will consider a complaint from the Indiana Association of Beverage Retailers, which insists too many competing drugstores are receiving beer permits.
An executive at the Noblesville firm’s parent company said the departures of CEO Don Dumoulin and Chief Financial Officer Yun Kim were the result of a “mutual agreement.” A search is under way for replacements to lead one of the area’s largest medical device manufacturers.
Harold Apple takes over for J. Marc Overhage, who will remain with the organization as its chief strategic officer and national policy adviser. IHIE is one of four operational exchanges in Indiana that allows for the sharing of medical records electronically.
Dorothy Geisler accepted a plea agreement on Wednesday for allegedly defrauding investors of nearly $2 million in a coal gasification project. She will be sentenced Feb. 2 and likely will avoid jail time.
After an eight-day trading stretch in which its shares traded above $1 each, Emmis stock fell to 97 cents on Tuesday, below an important NASDAQ exchange threshhold.
The mementos were owned by Fishers collector Dane Nash, who operated the American Super Heroes Museum downtown.
As a new owner revamps the Ritter’s business plan, at least four of the frozen custard stands in the area have either opened or are set to reopen in the same locations where they previously operated.
Tourism honchos outline aggressive goals for 2011, including increasing hotel room nights for conventions from 650,000 to 725,000, and targeting leisure travelers from Chicago and the United Kingdom.
The city’s Economic Development Committee, which was set to vote on the downtown project’s $98 million bond financing package on Tuesday, chose to wait until February after making a few changes.
Indianapolis logistics firm Backhaul Direct LLC plans to invest $1.7 million to grow its downtown operation and add nearly 325 jobs by 2015 as demand for its distribution services grows.
Fourth quarter helps to bolster 2010 deal-making.
A $70 million investment in a new distribution center by the North Carolina-based discount retailer is expected to create up to 350 jobs. The facility should be operational by spring 2012.
Large conventions typically get the most attention, but it’s the smaller meetings that will be critical to ensuring the expanded Indiana Convention Center is adequately occupied.
Governor, economic development officials look to lure companies to Indiana that now may find doing business in Illinois too costly. But a few experts question whether the state will see any immediate benefits.
Approval would let city issue $98 million in bonds to finance its portion of the $155 million North of South mixed-use project set to be built on 14 acres north of South Street between Delaware Street and Virginia Avenue.
The legislation, assigned to a committee on Wednesday, would increase the maximum for venture capital tax credits from $500,000 to $1 million, helping high-potential startups attract outside funding.
The collection of superhero memorabilia, once displayed at a downtown Indianapolis museum, is being auctioned to satisfy a court order.
