Indianapolis law firms raising rates again
Recession's over. Time for law firms to get cracking on raising rates again. As was the case before the recession, the
increases are outstripping inflation.
Scott Olson
Articles
City visitors group launches $1.3M ad campaign
The Indianapolis Convention & Visitors Association is spending $1.3 million to promote the city to eight Midwestern markets,
in
hopes of attracting more travelers.
Ritter’s buyer embarking on custard chain turnaround
After purchasing the Franklin-based company two years ago, TruFoods says it now is positioned to seek franchisees in an attempt
to grow the Ritter’s chain to 100 locations within five years.
CIB agrees to help Black Expo, but not with grant
Capital Improvement Board votes not to restore IBE’s annual $150,000 grant, but agrees to provide the organization
with in-kind services equaling the amount.
Study: Pacers, Fever add $55M to local economy each year
The Indiana Pacers and Indiana Fever contribute an estimated $55 million a year to the Indianapolis economy, according to
a study conducted by Chicago-based hospitality consulting firm Hunden Strategic Partners.
CIB set to release results of Pacers impact study
The report from a Chicago consulting firm will detail how much the Indiana Pacers contribute to the local economy, as the
Capital Improvement Board negotiates with team officials over paying $15 million in annual Conseco Fieldhouse operating costs.
State tourism cuts alter marketing methods
In light of a shrinking budget, the state has dropped traditional advertising campaigns to promote tourism and is embracing
social media outlets to promote Indiana's attractions.
Lender wants Hansen & Horn receivership terminated
Salin Bank argues that it wants to "control its own destiny" by selling 49 lots the homebuilder defaulted on rather
than have court-appointed receiver coordinate the sale.
Wishard Hospital project is life blood to contractors
Replacing the existing Wishard Memorial Hospital is so critical to the well-being of the sickly construction sector that one
industry official likens the project to a "lifeline."
Several school districts seek passage of referendums
Administrators are asking for millions of dollars of additional money to prevent teacher cuts and to support school building
projects.
Taft takes four patent lawyers from Bose McKinney
The highest-profile addition is Jim Coles, a veteran lawyer who will co-lead his new firm’s intellectual property practice.
State finalizes auction-rate securities settlements
Twelve investment firms agree to repurchase auction rate securities from Indiana clients for a total of over $370 million
and
to pay fines totaling more than $3.5 million.
Sale of GM plant could come as soon as June
UAW official says General Motors and prospective buyer are working on a “real aggressive” schedule to have the acquisition
completed by the end of June.
Former Star columnist suing newspaper
Susan Guyett, who wrote the Talk of Our Town column, claims the newspaper discriminated against her on the basis of age when
she was let go from her job in 2008.
Memory Gardens manager sought $3.2M, awarded $175,000
A Johnson County judge approved the reduced amount, which was agreed upon during mediation. The settlement brings funeral
home and
cemetery business a step closer to being sold.
Homeowners need to re-file for Homestead tax break
The goal of the new law is to reduce tax fraud from Hoosiers who file for the Homestead deduction on more than one residence.
Cummins profit jumps on demand from emerging markets
The Columbus-based engine maker sees sales increase in developing countries such as China, India and Brazil.
UPDATE: Emmis takeover deal unlikely to hit turbulence
A big Emmis Communications Corp. shareholder believes the $90 million deal CEO Jeff Smulyan unveiled Monday morning to
take the company private is unlikely to get derailed—even though it’s worth far less than a takeover offer Smulyan
failed to get through his board four years ago.
Emmis chief looks to take company private
JS Acquisition Inc., the company Emmis CEO Jeff Smulyan has established to complete the acquisition, would purchase all shares
of publicly traded Emmis for about $90 million, according to Monday morning’s announcement.
State job fair part of Speedway’s May festivities
The central Indiana WorkOne Center is teaming with the Indianapolis Motor Speedway to present Career Day @ the Brickyard,
an event that mixes job searching with racing.