Articles

Lenders battling Broadbent legal strategy

Developer George P. Broadbent sold The Broadbent Co. to his wife for $50,000 in March 2010 as he faced a barrage of lawsuits threatening his control over the real estate company he co-founded in 1972. He has also transferred several properties to her.

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Lilly asks judge to reject U.K. Zyprexa case

Eli Lilly and Co., the Indianapolis-based drugmaker whose best-selling schizophrenia medicine Zyprexa survived a patent challenge in Britain two years ago, has asked a United Kingdom judge to reject a parallel lawsuit by a generic drug company.

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Tomisue Hilbert settles suit over $15M policy

Tomisue Hilbert quietly settled a 3-year-old lawsuit last month over whether a controversial life insurance policy issued in 2006 on her mother, Suzy Tomlinson, was valid, and whether the beneficiary of the policy, J.B. Carlson, committed fraud.

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High court bars massive sex bias case against Wal-Mart

The Supreme Court blocked the largest sex-discrimination lawsuit in U.S. history on Monday, siding with Wal-Mart and against up to 1.6 million female workers in a decision that also makes it harder to mount large-scale bias claims against the nation's other huge companies.

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Towing companies sue city over contracts

The plaintiffs claim the city violated the bid process by awarding contracts to companies that didn’t meet the requirements. They’re asking for an injunction to prevent the contracts from taking effect.

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Accountants lose court battle with former firm

A Marion County judge ruled against three former partners in a local accounting firm who were trying to collect the full amount of their stock ownership after they left the company to start a rival firm.

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Arguments filed in Planned Parenthood case

A federal judge received final arguments Tuesday in Planned Parenthood of Indiana's request to block a tough new abortion law that makes Indiana the first state disqualifying the organization from providing general health services under Medicaid and taking away $1.4 million of its public funding.

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Federal judge dismisses Brightpoint fraud suit

A London-based hedge fund sued Brightpoint over a $10 million loan it alleged the Indianapolis-based mobile phone distributor fraudulently brokered in anticipation of an acquisition that never materialized.

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Magistrate reverses David Marsh deposition ruling

Citing new information, U.S. Magistrate Tim A. Baker now says lawyers for Marsh Supermarkets can depose David A. Marsh, son of the company’s former CEO, Don Marsh. Baker previously ruled that he couldn’t be deposed.

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Finish Line settles with former employee

The Indianapolis-based athletics retailer agreed to pay $38,000 to the worker after the Equal Employment Opportunity Commission claimed it violated federal law by firing her because of a physical disability.

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Kosenes take on ex-partner in court

Principals in Kosene & Kosene Development have sued a former partner, claiming he’s trying to cut them out of a city-supported deal to redevelop the former Bank One Operations Center downtown.

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Shrunken Lauth emerges from reorganization

Lauth Investment Properties, which holds the remains of the real estate empire of Lauth Group, has emerged from Chapter 11 bankruptcy, with about $25 million and a portfolio of properties valued at $35 million.

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