ILNews

High court to hear riverboat receipts arguments

Back to TopCommentsE-mailPrintBookmark and Share

The Indiana Supreme Court will hear arguments Thursday in two cases involving the dispersion of a percentage of riverboat casino revenues in East Chicago.

At 9 a.m., the justices will hear City of East Chicago v. East Chicago Second Century, et al., No. 49S02-0808-CV-436. The city wanted the trial court to find void the agreement it had with Resorts East Chicago for the riverboat to distribute 3 percent of its future adjusted gross receipts to two non-profits and the city to fund economic development in East Chicago. The city wanted to direct the entire 3 percent to East Chicago, plus the 0.75 percent directed to Second Century, a for-profit that would assist the riverboat as a "catalyst" for economic development.

The Indiana Court of Appeals affirmed the denial of summary judgment in favor of East Chicago and held that all nine of the city's counterclaims should be dismissed on statute limitations grounds.

At 9:45 a.m., justices will hear Steve Carter, Indiana Attorney Genera v. East Chicago Second Century, et al., No. 49S02-0808-CV-437, in which the attorney general intervened in the East Chicago action. Carter sought an imposition of a public charitable trust or a constructive trust over the 0.75 percent of revenue distributed to Second Century. The Court of Appeals affirmed the trial court dismissal of the attorney general's counterclaim and cross claim. The trial court found Carter had no authority to assert his counterclaim and cross claim against Second Century and its principals for imposition of a constructive trust and an accounting of the money.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in Indiana Lawyer editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Indiana State Bar Association

Indianapolis Bar Association

Evansville Bar Association

Allen County Bar Association

Indiana Lawyer on Facebook

facebook
ADVERTISEMENT
Subscribe to Indiana Lawyer
  1. Excellent initiative on the part of the AG. Thankfully someone takes action against predators taking advantage of people who have already been through the wringer. Well done!

  2. Conour will never turn these funds over to his defrauded clients. He tearfully told the court, and his daughters dutifully pledged in interviews, that his first priority is to repay every dime of the money he stole from his clients. Judge Young bought it, much to the chagrin of Conour’s victims. Why would Conour need the $2,262 anyway? Taxpayers are now supporting him, paying for his housing, utilities, food, healthcare, and clothing. If Conour puts the money anywhere but in the restitution fund, he’s proved, once again, what a con artist he continues to be and that he has never had any intention of repaying his clients. Judge Young will be proven wrong... again; Conour has no remorse and the Judge is one of the many conned.

  3. Pass Legislation to require guilty defendants to pay for the costs of lab work, etc as part of court costs...

  4. The fee increase would be livable except for the 11% increase in spending at the Disciplinary Commission. The Commission should be focused on true public harm rather than going on witch hunts against lawyers who dare to criticize judges.

  5. Marijuana is safer than alcohol. AT the time the 1937 Marijuana Tax Act was enacted all major pharmaceutical companies in the US sold marijuana products. 11 Presidents of the US have smoked marijuana. Smoking it does not increase the likelihood that you will get lung cancer. There are numerous reports of canabis oil killing many kinds of incurable cancer. (See Rick Simpson's Oil on the internet or facebook).

ADVERTISEMENT