Articles

Judge says bank can pursue suit against broker

The Peoples State Bank of Ellettsville can move forward with its lawsuit against broker Stifel Nicolaus & Co., which the bank claims duped it into investing $13 million in auction-rate securities just before those markets froze up.

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Law firm’s longtime chief gives suitors cold shoulder

Alan Levin has been managing partner of Barnes & Thornburg LLP for 16 years, far longer than the heads of most major Indianapolis law firms. But what most sets him apart is that he’s built his firm into a national practice by taking the maverick approach of going it alone instead of merging with an out-of-state rival.

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Jury to begin deliberating in Don Marsh trial

A jury is expected to begin deliberating Friday afternoon whether Don Marsh owes Marsh Supermarkets Inc. more than $3 million in personal expenses he allegedly charged the company while he was CEO.

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Sun Capital execs ‘shocked’ by Marsh financials

Any feelings of satisfaction that executives of Sun Capital Partners had after completing its acquisition of Marsh Supermarkets Inc. quickly turned to “shock and surprise,” a managing director of the private-equity firm told jurors Tuesday.

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Former Marsh CFO sought out bankruptcy lawyers

A former top executive of Marsh Supermarkets Inc. became so concerned about the company’s deteriorating finances less than a decade ago that he took the desperate step of meeting with bankruptcy lawyers.

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