Indiana beverage retailers want permits frozen
An Indiana liquor store trade group wants a court to freeze state alcohol permits until a judge can clarify quota laws on
the number of permits allowed.
Law
Articles
Durham trailer-maker sued for nearly $1M
First Merchants Bank is seeking nearly $1 million from Tim Durham and his companies through a recently filed loan-default
lawsuit.
Dow Agro in legal skirmish over canola oil
Indianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based
fluid used in electrical transformers.
Indy man gets 2 years for extorting insurance firm
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
Simon family fight breaks out over billionaire’s fortune
Melvin Simon’s
daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a
new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
Former cemetery owner avoids prison time
Robert E. Nelms received an eight-year sentence that will be served through a community corrections program after pleading
guilty to theft and securities fraud.
Investors in failed Church Extension poised to recoup 70 percent
Professionals liquidating the not-for-profit have so far recovered nearly 68 percent of the $82 million owed
investors.
Law firm Alerding Castor Hewitt hires ExactTarget’s ex-general counsel
William Boncosky spent seven years at the ExactTarget, a span when the firm’s employment grew from 14 to 500.
Johnson County woman guilty of securities fraud
Wanda Robertson was sentenced to eight years in prison, with four years suspended, after pleading guilty Wednesday.
More than 1,100 attend Fair investor meeting
A meeting of Fair Finance Co. investors held Tuesday night at a northeast Ohio hotel drew an overflow crowd of 1,100 people.
Supreme Court considering changes to lawyer ad rules
The state Supreme Court is considering changing Indiana’s rules governing advertising by attorneys.
Ex-investor sentenced in Indiana mortgage fraud
Robert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution.
IBJ, Wall Street Journal seek unsealing of Durham records
Indianapolis Business Journal and The Wall Street Journal have joined the legal fight to unseal search
warrant documents related to the federal investigation of businessman Tim Durham.
Accountant files suit against former firm, partner
A contentious split between two prominent accounting partners is getting even uglier after a lawsuit filed by one of them
has the other pledging to counter sue.
Real estate lawsuit pits Situs vs. Situs
Texas real estate consultancy sues local brokerage over rights to name they both share.
Would-be buyer: Durham double-dipped on Duesenberg deal
Tim Durham struck a deal to sell a vintage Duesenberg for $1 million before auctioning off the same vehicle for $2.9 million,
according to the small-town Michigan mayor who said he agreed to buy it.
Fair Finance’s past gave investors, regulators false comfort
The Akron company had been meeting its obligations for decades before Tim Durham acquired it seven years ago.
Judge approves concrete price-fixing settlement
A federal judge has preliminarily approved a settlement in which a central Indiana concrete company agreed to pay $29 million
to resolve a class-action antitrust lawsuit alleging it and six other companies conspired to fix the price of ready-mixed
concrete.
Madison County embezzler gets two-year prison term
The former business manger of a central Indiana factory has been sentenced to two years in prison for embezzling $700,000.
Fair Finance investors file additional fraud suit
More than three dozen residents of a northeast Ohio county who invested in Fair Finance Co. are seeking to recover more
than $2.1 million from the shuttered company.