Eli Lilly and Co.’s loss of a patent on one of its blockbuster drugs in court late last month received a collective yawn
from
investors, who have shunned the stock because of five looming patent expirations.
The Lakeville-based company won a victory in the antitrust case brought by Pittsburgh-based Specialty Tires of America,
which objected to exclusive contracts for the supplying of racing tires.
Hamilton County Judge Steve Nation ruled Friday that the heirs of former Conseco Inc. executive Lawrence Inlow failed to justify
their attempt to remove Cincinnati-based Fifth Third Bank as the fiduciary of his estate.
One of Indiana’s largest privately held developers is suing Simon Property Group Inc., alleging the nation’s largest
mall owner abused its “market power” to bully two national retailers into backing out of leases at a lifestyle
mall near Mishawaka.
Shop owners realize that landlords, already facing rising vacancies, are sometimes willing to sacrifice financially to keep properties filled and vibrant.
The Indiana Court of Appeals on Thursday overturned the town of Bargersville’s annexation of land that Greenwood officials
also wanted to take over, saying it failed to get the required consent from property owners.
In a deposition aired during an estate hearing, Bren Simon described her stepchildren as spoiled, vicious and hurtful,
and
said they refused to accept her as family during 37 years of marriage to late mall billionaire Melvin Simon.
A bitter battle between the heirs of former Conseco Inc. executive Lawrence Inlow and the bank and attorneys overseeing his
estate will get a hearing Friday in Hamilton County Court
Details of years of squabbling between family members of the shopping mall magnate Mel Simon have begun to emerge in a court
battle over the late billionaire's estate.
The founder of an Indianapolis real estate firm is accused of preying on longtime friends to help a Miami man perpetrate a
$900 million Ponzi scheme. Sydney “Jack” Williams persuaded more than a dozen Indiana investors to lend millions
of dollars at high interest rates to a food brokerage firm called Capitol Investments USA Inc.
Indiana Community Business Credit Corp. alleges breach of contract after JP Morgan Chase auctioned off assets of American
Sentry Guard of Greenwood.
John Gorman, who worked for the same company for 31 years before he was fired in December, has been waiting on a decision
for at least 100 days, and he still hasn't received his unemployment check, according to the American Civil Liberties
Union of Indiana.
Critics have argued that the law, which requires voters to show a photo ID to cast a ballot, violates the state constitution
because it isn’t applied equally to all voters. Those who vote by mail don't have to prove their identity.
FedEx Corp. won partial dismissal of a class-action lawsuit brought by contract drivers who contend they are entitled to full
benefits because the company treats them as employees.
Ruling prevents industry-certification group from breaking contract with Brownsburg-based company founded by Bill Simpson.
Three of the four principals in Page Development were in court June 8 to sift through the fallout from a $1.35 million judgment
against them. It’s only the tip of Page Development’s financial straits.
The suit, filed in federal court in Indianapolis, accuses Hungry Howie's Pizza & Subs Inc. of Madison Heights, Mich.,
of infringing the copyright to a Saturday Evening Post cover first published in 1943.
J. Irwin Miller’s two sons have been battling for years over who should have paid expenses on the wealthy Columbus family’s
homes and businesses, but their fight isn’t about the money—especially after they inherited at least $20 million
apiece.
Former collaborator alleges firm breached its agreement with him and refused to pay royalty income.
Two new lawsuits stemming from Broadbent Co.’s financial problems charge company President George Broadbent defaulted
on loans and owes more than $2.6 million.
