Law firm says ex-Conseco director shorted it on fees
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
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Fair Finance co-owner Cochran uses forceful defense
Tim Durham's partner in a failed Akron, Ohio, company says a trustee has nothing to back up his allegations of fraud.
New Jersey fines Carmel company over dangerous toy
Indiana Novelty International, which does business as Kipp Brothers, was ordered to pay a $54,300 fine and reimburse the state’s investigative costs.
Local economic espionage case full of intrigue
The government's allegations read like a spy novel: Dr. Ke-xue "John" Huang lands a job at Indianapolis-based Dow AgroSciences and over five years works himself into a position of trust, with access to trade secrets and processes the company has invested $300 million to develop.
Ex-Dow Agro scientist’s espionage indictment unsealed
A federal indictment unsealed Tuesday in Indianapolis charged 45-year-old Ke-xue "John" Huang
with theft and attempted
theft of trade secrets to benefit a foreign government.
Family of woman killed by falling bottled-water pallets files suit
The estate of a woman killed when pallets of bottled water fell on her at a Kroger store in Franklin is suing the bottler,
suggesting a new eco-friendly bottle design may have contributed to the accident.
Apartment developer S.C. Bodner sued over accessibility
The National Fair Housing Alliance and two of its member groups allege that Bodner communities in eight states including Indiana violate accessibility requirements of the Fair Housing Act.
Banks still cautious on commercial real estate
Singed by the downturn, banks are winnowing real estate portfolios.
Plea hearing set for defendant in $880M fraud case
Prosecutors say 41-year-old Miami Beach resident Nevin Shapiro left at least 60 investors in Florida, Indiana and New
Jersey with about $80 million in losses after his Ponzi scheme collapsed.
Is University Loft’s rival going on attack again?
The Greenfield furniture-maker has an acrimonious history with California-based Furniture by Thurston.
Casino operator Centaur aims to exit bankruptcy much leaner
Centaur plans to sell a casino west of Denver and a stalled casino development near Pittsburgh.
Attorney General files suit against local publisher
Attorney General accuses David Caswell and New Century Publishing of violating state consumer protection laws by accepting
payment without providing publishing services. IBJ reported July 30 that several authors had paid New Century for books but
never received them.
Tim Durham closes New Castle restaurant
A sign on the door of Durhams Ristorante says the moderately priced Italian eatery will be "closed until further notice."
HR firm FlashPoint severs ties with Barnes & Thornburg
FlashPoint's co-owners purchase remaining shares from law firm to give them sole ownership of the company they founded
in 2002.
Eli Lilly loses patent lawsuit for Strattera
Eli Lilly and Co. on Thursday lowered its revenue outlook for the year after it lost a patent lawsuit over its attention
deficit hyperactivity drug Strattera. The patent had been set to expire in May 2017. Lilly plans to appeal.
New Jersey project enriched Simons
The battle over the estate of Melvin Simon has thrown a spotlight on a New Jersey development project that, by itself, has
made many Simon family members multi-millionaires.
Fair Finance trustee finds lots of debts, few assets
Tim Durham, Fair’s co-owner and CEO, burned through staggering sums on a lavish lifestyle, loans and gifts to friends,
and loans to businesses he partly owned that performed dismally.
Schrenker to plead guilty to securities fraud
A former money manager convicted of trying to fake his own death in a Florida plane crash last year has agreed to plead guilty
to securities fraud charges in Indiana. Marcus Schrenker would face 10 years in prison.
Judge refuses to unseal Fair Finance search warrants
Judge Sara Lioi ruled the right of access to search warrant records connected with an ongoing investigation is “not
absolute” and not justified in this case.
Judge to order mediation in Simon estate dispute
Hamilton County Judge William J. Hughes said it's clear that all the parties involved in a series of
disputes surrounding
late mall billionaire Melvin Simon's estate need to "sit across the table from each other and try to work things
out."