State lobbying commission sidelines executive director
The Indiana Lobby Registration Commission placed Executive Director and general counsel Sarah Nagy on paid leave Monday, the day before a busy filing day for the state's lobbyists.
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Fair Finance trustee sues Durham relatives
The case against Jeffrey and Dana Osler is the latest in what is expected to be a string of suits by the trustee against friends and business associates of Tim Durham who took out loans from Fair Finance but made few if any payments.
Dean of I.U.’s Maurer School of Law named to head national group
Lauren K. Robel was elected the next president of the American Association of Law Schools on Jan. 7.
FedEx fights to overturn jury’s $66M award to ATA
ATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it as a military-charter partner forced it into bankruptcy liquidation that spring.
Indiana chief justice endorses sentencing changes
A report suggests allowing judges to sentence people convicted of lesser felonies to community corrections, which would help free up prison space for the state’s worst offenders and potentially saving more than $1 billion that would otherwise go toward building new prisons.
Roche back in court as partner looks to sell to competitor
Roche Diagnostics requested a temporary restraining order against Medical Automation Systems Inc. Tuesday after receiving word the company is speeding up plans to sell itself to Roche rival Alere Inc.
U.S. attorney’s office finishes year in the black
The top federal prosecutor in Indianapolis says his office collected more money in criminal and civil penalties than it spent last year.
Roche aims to prevent bidding war for software firm
The Swiss company, which operates its North American business out of Indianapolis, filed a lawsuit late last month against Virginia-based Medical Automation Systems Inc. for breaching the purchase agreement the companies signed back in October.
Developer who drew friends into Ponzi reaches $1M deal
Sydney "Jack" Williams, founder of Williams Realty Group, recruited dozens of investors, many with Indiana ties, to invest in a Florida business that turned out to be a giant fraud.
Law firm launches economic development consultancy
Barnes & Thornburg aligns with new venture BT ProjectPoint LLC to provide clients economic development and project-financing consulting services.
Embattled prosecutor Brizzi plans new business
Marion County Prosecutor Carl Brizzi said he plans a new business in reputation management. He will also work as an attorney from offices in Hamilton County and Indianapolis.
Broadband provider sends troubling financial signals
Omnicity Corp. is a half-year behind in payments to a Muncie lender and faces several lawsuits over unpaid bills from companies it acquired.
Daniels appoints new judges in two counties
Gov. Mitch Daniels has appointed new judges in Boone and Shelby counties.
Conseco brass agree to settle 8-year-old suit for $41.5M
The suit accused CEO Gary Wendt, President Bill Shea, Chief Financial Officer Charles Chokel and Chief Accounting Officer Jim Adams of engaging in a “massive and systematic coverup of … actual debts and losses through complex accounting, misleading disclosures, and irregular accounting practices.”
Emmis pitching in on breach-of-contract lawsuit
Emmis Communications Corp. will contribute $200,000 toward legal fees in a lawsuit that company founder Jeff Smulyan’s JS Acquisition LLC filed over its failed effort to take the Indianapolis-based media company private.
Insurer for Durham firm to settle suits for $5.5M
The agreement allows embattled financier Tim Durham to remain on the board of CLST Holdings, but mandates he step down as chairman and not vote on any matter unless doing so would make the board unanimous.
FBI investigating Durham firms for phone cramming
The FBI is asking land-line phone customers across the country to check their bills for phantom charges from more than 20 companies controlled by or connected to embattled financier Tim Durham.
Judge removes Bren Simon as trustee over late husband’s estate
A series of questionable decisions by Bren Simon in recent months appear to have paved the way for a Hamilton County judge’s order this week removing Bren as interim trustee over Simon Property Group co-founder Melvin Simon’s estate.
Daniels endorses findings of criminal code review
Sweeping changes proposed for Indiana’s criminal sentencing system won the endorsement Wednesday of Gov. Mitch Daniels, who said that if lawmakers enact the changes they would hold down the state’s ballooning prison population and save taxpayer money.
FEIGENBAUM: ‘There is no money’ takes on new meaning
Tight tax revenue will force hard choices on the General Assembly.