An attorney for Duke Energy Corp. urged the Indiana Court of Appeals on Monday to reverse a state regulatory panel's decision blocking the company's attempt to pass onto its customers the cost of damages it incurred during a 2009 ice storm.
The state Court of Appeals has dismissed The Indianapolis Star's appeal of a local judge's order requiring it to identify a person who made anonymous comments on its website that a former chief executive of Junior Achievement of Central Indiana contends were defamatory.
Donald R. Fair, the former owner of Fair Finance Co. who sold the business to fraudsters Tim Durham and James Cochran, agreed to the settlement Thursday.
Marion County Judge Grant Hawkins said the case surrounding David Bisard had generated too much publicity for him to get a fair trial in central Indiana.
An Indiana Bureau of Motor Vehicles employee and two others have been charged with stealing cars from banks by filing fake mechanic's liens.
Local criminal defense lawyers who tracked the trial of Tim Durham and his accomplices say chances are slim that they would prevail on appeal. One said Durham would have a better chance of winning the lottery.
Former Indianapolis businessman Tim Durham was sentenced to 50 years in prison for running a Ponzi scheme that led to the collapse of Fair Finance, costing thousands of investors $250 million. Accomplices Jim Cochran and Rick Snow received 25 years and 10 years, respectively.
A 74-year-old former nun who cares for young children to earn a living after being swindled out of her life savings and a woman whose father lost $170,000 in proceeds from the sale of his farm testified against Tim Durham and his two fraud accomplices Friday morning.
IBJ provided ongoing updates from the courthouse where Ponzi schemer Tim Durham and two accomplices were sentenced Friday afternoon.
Convicted Ponzi schemer Tim Durham and two accomplices will find out Friday whether they will spend the rest of their lives in prison.
Indiana Gov.-elect Mike Pence announced Wednesday that Mark Ahearn would serve as his general counsel. Ahearn comes from the Indiana Department of Transportation and previously worked for Pence and former Sen. Dan Quayle in Congress.
A federal judge will determine whether an Anderson church can exit bankruptcy with a lighter debt load, over objections from its bank lender, after a church scheme to profit by selling life insurance on its elderly members failed.
The head of the Indiana State Police is telling lawmakers he would legalize and tax marijuana if it were up to him.
Saying their crimes were “as serious as any financial fraud crime ever committed,” federal prosecutors re-emphasized Monday their recommendation that Ponzi schemer Tim Durham and his two accomplices deserve to spend the rest of their lives in prison.
The Supreme Court, in response to an Indiana case, may make a final decision on whether to draw a legal line between work colleagues and work managers, at least when it comes to harassment and retaliation claims.
Convicted Ponzi schemer Tim Durham is requesting a much shorter prison stay than the life sentence federal prosecutors want him to serve. The convicted Ponzi schemer and two associates are set to be sentenced Friday.
CNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life insurance rate hikes, but it’s not out of the woods yet.
The Ohio Division of Securities allowed Fair Finance to register investment certificates even after the company stopped providing audited financials and Tim Durham drained more than $100 million from the firm through insider loans.
Attorneys responded to pointed questions and knotty hypothetical scenarios thrown at them by the five justices on the Indiana Supreme Court during a legal battle Wednesday morning over Indiana’s school-voucher program.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can close its operations.
