Simon daughter questions using father’s estate to pay donations
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
The patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn’t different
enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against
Eli Lilly and Co. over its rival Cialis drug.
A federal judge is weighing whether to unseal search-warrant documents related to the federal investigation of businessman
Tim Durham and Akron, Ohio-based Fair Finance Co. following a hearing Thursday in Youngstown, Ohio.
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.
Pharmacy giant CVS will pay $1.95 million and verify that all of its pharmacists are licensed in Indiana to settle a state
complaint that pharmacists with expired licenses dispensed prescriptions for several years at two of its drugstores.
The 39-year-old Leary was being held Friday in the Monroe County Jail in Bloomington on charges out of Allen County.
As Super Bowl approaches, companies unaffiliated with the Colts avoid becoming victims of the NFL’s strict trademark-enforcement
policies by supporting the team in generic fashion.
Federal prosecutors say the men were part of a scheme in which straw deals were set up to obtain inflated mortgages on more
than 100 Indianapolis houses.
Ohio residents who attended investor meeting say recovering funds hinges on locking down assets that remain.
Bren Simon says in a new court filing that her billionaire husband Mel Simon granted her a bigger share of his fortune in
the last year of his life because of alarm over Simon Property Group’s plunging stock price and a sharp cut in its cash
dividend.
A former attorney who pleaded guilty to mail fraud has been sentenced to three years probation for submitting inflated bids
on foreclosed homes to the company for which he worked and pocketing the difference.
Indiana Court of Appeals agrees with lower court’s decision to appoint receiver to oversee finances of ex-wife of convicted
money manager Marcus Schrenker.
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.
Kevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
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.
Wanda Robertson was sentenced to eight years in prison, with four years suspended, after pleading guilty Wednesday.
A meeting of Fair Finance Co. investors held Tuesday night at a northeast Ohio hotel drew an overflow crowd of 1,100 people.
Robert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution.
Indianapolis Business Journal and The Wall Street Journal have joined the legal fight to unseal search
warrant documents related to the federal investigation of businessman Tim Durham.