If the union does opt out, the current CBA, which was set to expire in 2027, will still be in effect next season, so the two sides have a year to come to an agreement.
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The admission came in Alex Palou’s response to a lawsuit filed against him by McLaren Racing in September seeking to recoup at least $23 million in losses the team calculated Palou’s reversal cost the organization.
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In both of the suits, Indianapolis-based Kite claims that the retail tenants are in default on their leases because they didn’t pay rent in April, May or June.
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This is the second time IndyGo has extended the free period on the Red Line, which was originally set to begin collecting fares Oct. 1. IndyGo said its new ticketing system from vendor Flowbird isn’t yet ready for use.
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Fishers-based Pierce Aerospace, whose technology allows users to detect, track and identify drones, has secured a $10 million government contract that could set the company up for future growth.
For now, disclosure forms bearing councilor workplaces, board memberships and potential conflicts of interest are only available through a records request to the council office.
The second-year guard started 47 games in 2024-25, most playing alongside All-Star point guard Tyrese Haliburton. He averaged 9.2 points and 4.1 assists.
Dr. Greg Hardin, an orthopedic surgeon who specializes in sports medicine, claims that Franciscan Alliance engaged in conduct harmful to his practice over the course of several years.
Southwest Airlines said the five-year deal gives its pilots “industry-leading compensation” and has a new process for assigning pilots to flights during unusual events.
The United Auto Workers union overwhelmingly ratified new contracts with Ford and Stellantis, that along with a similar deal with General Motors will raise pay across the industry, force automakers to absorb higher costs and help reshape the auto business.
Jonathan Taylor, the 2021 NFL rushing champ, has been seeking a contract extension before his rookie contract expires at the end of this season
The deal includes a pay raise, a McLaren for O’Ward’s personal use and potential opportunities for the 23-year-old with McLaren’s Formula One team.
In a nine-page advisory opinion issued Monday, Indiana Public Access Counselor Luke Britt agreed with the complaint filed by Steve Sanders, who is a tenured IU Maurer School of Law professor.
Ironclad, which allows users to negotiate, sign and manage online contracts, established a local presence when it acquired Indianapolis-based PactSafe a year ago.
That case gets to the heart of much litigation that began in 2020: When COVID-19 leads to a contract being broken, what can be recovered and what must be forgiven?
ISO leadership and the musicians released a joint statement on Tuesday announcing the new contract, which runs through Aug. 29.
Washington, D.C.-area-based Maximus is taking on a critical, massive assignment: helping health departments across Indiana contact people who have tested positive for COVID-19 to learn whom they might have exposed.
Charlotte Westerhaus-Renfrow—an assistant professor of law and management at the IU Kelley School of Business—details negotiating techniques like “slicing the salami” and “taking it to the balcony” and explains the most important thing you need to know as you get started.
There’s a right way and a wrong way to approach negotiations, whether for a vendor contract, a lease or with a customer. The first step is determining where you stand.
Local landlords say they’re willing to offer relief to some of their retail tenants who’ve been hit hard by coronavirus-related closures—but the amount of relief, if any, varies depending on circumstances.
The city of Indianapolis released a study Thursday that looks at disparities minority-owned businesses face as part of the city’s business-contracting processes.
Changes are in the works for several city-owned golf courses, after the Indianapolis Parks Department agreed to new, 10-year management contracts that are awaiting approval from the City-County Council.
The Colts want to avoid past mistakes, when the team devoted so much of its salary cap to Peyton Manning that it took a herculean effort to build a solid roster around him.
The company says the shortage is partly to blame for its decreased profits, and the university fears the low pay that’s driving the shortage could threaten student interest in its professional flight school.
