Articles

ITT Tech nightmare escalates for Indianapolis credit union

The Eli Lilly Federal Credit lost a bundle on loans to ITT Technical Institute students a few years ago. Now the credit union, which adopted the Elements Financial moniker two years ago, may get hit with a lawsuit from the bankruptcy trustee for the now-defunct for-profit school operator.

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Preliminary OK given to $208.7M NCAA settlement

About 40,000 college football and basketball players won't have submit a claim form to receive a portion of the $208.7 million the Indianapolis-based NCAA will pay to settle a federal class-action lawsuit.

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Embattled businessman Eyler files for bankruptcy

The filing follows a wave of lawsuits filed against Gary Eyler in connection with the collapse of The College Network, a company he founded in 1995 that provided online test-prep materials for college entrance exams.

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City, billboard company reach court agreement over digital signs

Billboard company GEFT Outdoor LLC and the city of Indianapolis have agreed to a court settlement that will allow the company to operate two local digital billboards while sparing the city any financial liability for a former sign ordinance that was found to be unconstitutional

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Hustler Hollywood sues city over zoning roadblocks

Beverly Hills-based Hustler Hollywood says city officials are incorrectly classifying its planned Castleton store as an adult business, which is preventing it from opening its doors. It filed suit over the denial on Thursday.

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