CNO Financial Group Inc. said it ended a risk-transfer deal with a reinsurer tied to embattled hedge fund Platinum Partners and has filed suit against executives of Beechwood Re. CNO shares tumbled after the news.
The Indiana Alcohol and Tobacco Commission has granted Spirited Sales a temporary permit to sell wholesale liquor after a Marion County special judge denied the state’s request for a stay on her August ruling for the company.
The founder of the Menards building supply chain doesn't have to give his ex-fiancee ownership interest in the company, an appeals court ruled Tuesday. The ongoing legal dispute once entangled two prominent Indianapolis executives and a local private equity fund.
An appeals court ruling has cleared the way for Fair Finance Co.'s bankruptcy trustee to revive a lawsuit against one of the company's lenders,a Fortune 500 company with extensive resources. The trustee was able to extract a $35 million settlement from another one of the company's lenders.
The Indiana Bureau of Motor Vehicles is criticizing an Indiana law firm for a court order the BMV says will “take money out of Hoosiers’ pockets,” but the attorney who filed the order said the request is meant to protect Hoosiers who are suing the BMV.
Dr. Larry Nassar, 53, who worked for decades for the Indianapolis-based gymnastics organization until his dismissal last year, is accused of sexually groping and fondling a teenage Olympian, according to the lawsuit.
A Marion County judge’s ruling has heated up the battle between liquor distributors and a group of beer distributors operating in the state and Indianapolis-based beer wholesaler Monarch Beverage Co.
Two employees who were terminated Tuesday as part of mass layoff by ITT Educational Services have filed a lawsuit claiming the Carmel-based firm violated federal law by failing to provide 60-days notice. The suit seeks class-action status for as many as 8,000 employees.
Jared Fogle, imprisoned for child pornography and sex abuse, said parents of one of his female victims—who are suing him for damages—are to blame for what he describes as the girl’s “destructive behaviors.”
The state has requested a stay of a Marion County judge’s ruling last week that opens the door for a Monarch Beverage affiliate to enter the liquor-wholesaling business.
Lawyers for an Indianapolis gun store sued for making an illegal straw sale of a firearm that was used to shoot an Indianapolis police officer argued Wednesday that Indiana gun sellers are shielded from civil lawsuits even when they break the law.
Despite decades of on-the-job training for workers and numerous high-profile lawsuits, harassment by managers and co-workers persists—although the number of sexual harassment claims has declined in recent years.
Dr. Sandra Kinsella, a top anesthesiologist in Indiana University Health’s organ transplant program, claims she was let go in retaliation for her complaints.
The court decision found the Indiana Alcohol and Tobacco Commission was “arbitrary and capricious” in its 2014 decision to deny the wholesale liquor permit application of Spirited Sales, an affiliate of Monarch Beverage Co. It also takes the Pence and Daniels gubernatorial administrations to task for intervening in the case.
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Eli Lilly and Co. and its partner cannot stop competitors from selling generic versions of testosterone treatment Axiron, a federal judge in Indianapolis has ruled.
The state has not determined whether it will appeal the ruling to grant a preliminary injunction in the case. The ruling only affects one company.
The case stems in part from a March 2015 complaint alleging contractor advertising payments influenced ratings on Angie’s List’s website. If approved, most of the settlement money would go to attorneys.
Karma International charges breach of contract in the lawsuit filed Tuesday, claiming damages of $817,500 in lost revenue from unsold tickets and tables at the party on Indy 500 race weekend.
The class-action lawsuit was filed Thursday in federal court in northern Ohio on behalf of all the ticket holders who lost out when the Aug. 7 game between the Indianapolis Colts and Green Bay Packers was canceled due to unsafe field conditions.
The children of late Celadon Group Inc. co-founder Steve Russell and his second wife have been waging a court battle over his $31 million estate.
