Fair Finance Co.’s bankruptcy trustee scheduled the Friday auction to raise money for creditors of the defunct company, including more than 5,000 Ohio residents who hold more than $200 million in unsecured investment certificates.
A federal judge in Los Angeles ruled Wednesday that Carmel-based Conseco Life Insurance Co. may not follow through with a plan to raise policy rates for more than 50,000 mostly elderly policyholders.
Richard Young rules that the $66 million verdict against FedEx was rational and “not monstrously excessive.”
Fourth quarter helps to bolster 2010 deal-making.
Conditions are ripe for a barrage of mergers and acquisitions to take place this year.
A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
Alecia DeCoudreaux, the top attorney for Eli Lilly and Co.’s U.S. unit and an active community volunteer, will leave to become president of Mills College in California on July 1.
Mark Singer, who was convicted of scheming to steal as much as $27 million set aside to maintain the graves of people who had paid in advance for their funerals, has been sentenced to three years in prison.
One of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position at Simon Property Group.
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.
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.
Lauren K. Robel was elected the next president of the American Association of Law Schools on Jan. 7.
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.
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 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.
The top federal prosecutor in Indianapolis says his office collected more money in criminal and civil penalties than it spent last year.
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.
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.
Barnes & Thornburg aligns with new venture BT ProjectPoint LLC to provide clients economic development and project-financing consulting services.
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.
