Ruling: Menards founder’s ex-fiancee doesn’t deserve ownership
The Wisconsin Supreme Court ruled Friday that the founder of the Menards building supply stores doesn’t owe his former fiancee an ownership interest in the company.
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Revving into high gear, attorney Polak takes wheel at TradeRev
Becca Polak was tapped to lead TradeRev, a business that enables car dealers to buy and sell vehicles digitally. An affiliate of KAR Auction Services, Inc., TradeRev aims to expand its offerings and move it into a largely untapped segment of the auto market. That's Polak's charge, along with fulfilling her other duties as chief legal officer and secretary for KAR.
Civil Rights Commission’s $96K discrimination award upheld
The Indiana Court of Appeals has upheld a nearly $100,000 judgment in favor of a black man who claims he was subject to discriminatory practices by his former employer after ruling the Indiana Civil Rights Commission’s finding in favor of the man was not invalid or void.
Judge sides with Simon, bars Starbucks from closing Teavana stores
An Indianapolis judge granted Simon Property Group Inc. a significant victory in its bid to stop Starbucks Corp. from closing 77 Teavana stores in Simon malls across the country.
Court values land at 4 times St. Joseph County’s offer
A St. Joseph County official said he’s surprised a 37-acre tract in New Carlisle the county hopes to buy has been valued by court-appointed appraisers at more than four times what the county offered its owner.
U.S. Supreme Court wrestles with whistleblower protection issue
The Supreme Court of the United States on Tuesday seemed reluctant to broadly apply whistleblower protections passed by Congress after the 2008 financial crisis, suggesting those particular protections only apply to people who report problems to the government.
Indiana liability system ranks 15th in nation
Across the country, business executives, senior attorneys and general counsel consistently view Indiana’s legal climate as among the best for businesses out of all 50 states.
COA: Consulting company that acquired another’s assets not its successor company
An automobile consulting company that acquired the name, assets and goodwill of a former staffing company will not have to pay more than $170,000 in liability and delinquent fees after the Indiana Court of Appeals determined the auto company was not a successor to the staffing company.
First Monday in October: New Supreme Court term begins
The Supreme Court is starting its new year, with Justice Neil Gorsuch on board for his first full term.
COA finds for bank in construction lien litigation
The Indiana Court of Appeals has ruled in favor of a bank in a legal battle over which lien in a construction project should take priority, with the court determining the bank’s lien was superior to a mechanic’s lien because the bank’s mortgage on the project secured its loan of funds to the construction project.
Trump officials temper expectations for 15 percent corporate tax rate
Two top Trump administration officials said it may not be possible for President Donald Trump to deliver on his plan to cut corporate tax rates to 15 percent.
COA affirms summary judgment for Keystone Construction on judicial estoppel grounds
A man who failed in his divorce agreement to claim an ownership interest in the Indianapolis company he worked for is now judicially estopped from asserting that interest in a lawsuit, the Indiana Court of Appeals has ruled.
Court split over whether shareholder siblings can pursue direct action against brother
A divided Indiana Court of Appeals has affirmed a grant of summary judgment that prohibited three siblings from pursuing a direct action against their brother, finding the rule prohibiting shareholders from bringing direct actions to redress an injury to their family corporation barred their action.
Simon pays $945,000 to settle N.Y. antitrust probe
New York Attorney General Eric Schneiderman has reached an antitrust settlement with Simon Property Group that requires the Indianapolis-based real estate giant to pay $945,000 and revise lease terms of tenants at its popular Woodbury Common Premium Outlets.
Simon pays $945,000 to settle N.Y. antitrust probe
New York Attorney General Eric Schneiderman has reached an antitrust settlement with Simon Property Group that requires the Indianapolis-based real estate giant to pay $945,000 and revise lease terms of tenants at its popular Woodbury Common Premium Outlets.
Rewrite of business organization laws provides uniformity, clarity
All it took to simplify Indiana’s business organization laws was a 149-page bill.
Trump administration calls for overhaul of Wall Street rules
The Trump administration laid out its highly anticipated plan for overhauling bank rules, calling on the government to ease, though not eliminate, many of the strictures that were imposed on Wall Street after the financial crisis.
Lindman: Determining where to incorporate after TC Heartland
Recently, the Supreme Court of the United States made the problem of deciding where to incorporate a little more complicated. Sure, your client could still choose Delaware for its well-developed business laws. But how does Delaware stack up in patent litigation?
Right of first refusal splits Court of Appeals
A dispute over contract language divided the Indiana Court of Appeals to the point where judges could not agree whether the case was one of first impression.
GOP-led House panel votes to overhaul Dodd-Frank
House Republicans took a major step toward their long-promised goal of unwinding the stricter financial rules created after the 2008 crisis, pushing forward sweeping legislation that would undo much of President Barack Obama's landmark banking law.