Judge: Bren Simon can’t liquidate Simon Property holdings
A Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
A Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
Parties disagreed over public disclosure in the first major court hearing in the dispute over how to divide the billionaire's
fortune.
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
A federal trustee will take control of the company’s assets while securities-fraud probes continue.
The 178-member union is suing to preserve its arbitration rights, and possibly win back the jobs of eight people who were
let go last summer.
Mike Ciresi, who’s representing widow Bren Simon, helped win a $6 billion settlement from the tobacco industry.
Arkansas Attorney General Dustin McDaniel on Tuesday announced an $18.5 million settlement of a lawsuit with Eli Lilly &
Co. over off-label marketing of the anti-psychotic drug Zyprexa.
Locally based Broadbent Co.’s legal battles with lenders have escalated, pushing one of its 34 strip malls into bankruptcy
and prompting Huntington National Bank and PNC Bank to sue to collect principal owed on loans tied to four more.
Polymer Technology Systems Inc., a small Indianapolis-based maker of handheld blood monitors, has gone to court to fight
a competitor more than 100 times its size: Roche Diagnostics Corp.
Lawyers for former UCLA basketball player Ed O’Bannon are promising to expose financial information about NCAA’s licensing
contracts the NCAA would rather keep private.
Harrison Epperly has made a fortune in his business career, but he’s also sparked controversy.
Indianapolis Power and Light Co. is suing its engineering consultant over an industrial accident that spilled 30 million
gallons of polluted water into White River.
Melvin Simon’s daughter, who’s seeking to remove her stepmother from overseeing a trust that holds her late father Melvin’s
fortune, says a corporate trustee is a better option than brother David Simon or family financial adviser Bruce Jacobson.
Anderson entrepreneur Pete Bitar has been slowed by litigation but still plans to spearhead a team in the competition to
put a rover on the moon.
Simon Property Group Inc. is suing Bren Simon, the widow of company founder Melvin Simon, over her effort to convert part
of her late husband’s ownership stake in the publicly traded mall giant into common shares or cash.
A legal brouhaha over the recent auction of a Duesenberg automobile by Tim Durham has taken a new twist, with Durham’s bank
charging the financier didn’t have the right to sell the car in the first place.
First Merchants Bank is seeking nearly $1 million from Tim Durham and his companies through a recently filed loan-default
lawsuit.
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.
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.
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.