Fishers man accused of selling $230M in dubious financial products
A Fishers man is facing a tangle of legal issues related to accusations that he was involved in the nationwide sale of more than $230 million in questionable financial products.
Bankruptcy
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Indianapolis personal bankruptcy attorney Zuckerberg to join select group
Mark Zuckerberg may owe his career to starting at a law firm that put his office at the end of the hall.
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7th Circuit determines $435K arbitration award was money judgment, not property interest
A $435,000 arbitration award was a money judgment that is subject to discharge in a bankruptcy case, the 7th Circuit Court of Appeals ruled in a dispute between ex-spouses.
Bankruptcy filings fall again in 2021, holding off expected ‘wave’
Bankruptcy filings fell again in 2021, dropping 24% nationwide, according to newly released data from the Administrative Office of the U.S. Courts.
7th Circuit affirms for ruling collections company in credit information dispute
A collections company’s compliance procedures were reasonable and met the requirements of the Fair Credit Reporting Act in its pursuit of collecting from an Indiana woman, the 7th Circuit Court of Appeals has ruled.
USA Gymnastics reaches $380M settlement with Nassar victims
The legal wrangling between Indianapolis-based USA Gymnastics and the victims of sexual abuse by former national team doctor Larry Nassar, among others, is over. The fight for substantive change within the sport’s national governing body is just beginning.
Bankruptcy filings still falling but increase could be coming
Bankruptcy filings are continuing to plunge, falling nearly 30% for the 12-month period that ended Sept. 30. But the downward trend could be the calm before the storm.
Investors lose appeal in lawsuit against Fair Finance lender
Victims of Indianapolis businessman Tim Durham, who was convicted in 2012 of running a Ponzi that defrauded investors out of $200 million, have hit another roadblock after the 6th Circuit Court of Appeals rejected an attempt to recoup some of their losses.
Comments invited on proposed regulations for bankruptcy trustee payments
Comments are requested by the federal judiciary from members of the public, judiciary and legal community on a set of proposed interim regulations for bankruptcy trustee payments.
USA Gymnastics eyes $425 million settlement with survivors
Indianapolis-based USA Gymnastics could be near the final stages of the legal fallout of the Larry Nassar sexual abuse scandal.
Pandemic era results in lowest U.S. bankruptcy filings since 1985
Bankruptcy filings took a nosedive over the past year that resulted in the lowest number of 12-month filings since 1985, the Administrative Office of the U.S. Courts announced Wednesday.
More states agree to settlement plan for opioid-maker Purdue Pharma
More than a dozen states have dropped their longstanding objections to OxyContin maker Purdue Pharma’s reorganization plan, edging the company closer to resolving its bankruptcy case and transforming itself into a new entity that helps combat the U.S. opioid epidemic through its own profits.
New bankruptcy judge appointed to Indiana Northern District
St. Joseph Superior Court Magistrate Judge Paul E. Singleton has been appointed to a 14-year term as bankruptcy judge in the Indiana Northern District based in South Bend. Singleton will take office July 29, succeeding bankruptcy Judge Harry C. Dees, Jr.
IndyBar: Members Welcomed Back to IndyBarHQ
We are so thrilled to welcome members back to IndyBarHQ! Be sure to check out the events calendar at indybar.org/events to catch one of our many upcoming programs.
Ruling for homeowner in quiet title action after bankruptcy vacated
An Indiana trial court order in favor of a Hammond homeowner in her quiet title action following a bankruptcy was vacated Friday by the Indiana Court of Appeals, which found the trial court lacked jurisdiction.
IU McKinney dean Bravo reflects on past, looks to future during Black History Month presentation
Despite being forced into a virtual format due to coronavirus concerns, the Indiana Southern District Court’s annual Black History Month event was as strong as ever with a powerful presentation from Indiana University Robert H. McKinney School of Law dean Karen Bravo.
Goshen bankruptcy preparer pleads guilty to federal indictment
A nonlawyer who prepared bankruptcy petitions for northern Indiana clients has pleaded guilty to two counts of subornation of perjury for falsely claiming in court filings that she was paid half the fee she actually charged clients.
NRA declares bankruptcy, plans to incorporate in Texas
The National Rifle Association announced Friday it has filed for bankruptcy protection and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York, where a state lawsuit is trying to put the organization out of business.
Despite riot, impeachment, business as usual for high court
At this fraught moment in American history, the Supreme Court of the United States is doing its best to keep its head down, going about its regular business and putting off as many politically charged issues as it can, including whether President Donald Trump’s tax returns must be turned over to prosecutors in New York.
SCOTUS rules for Chicago in vehicle impound case
The Supreme Court says that when a person’s car has been impounded and they file for bankruptcy, the car does not have to be immediately returned, upholding the practice in Chicago in an 8-0 decision.
Cy pres from Celadon judgment benefitting legal aid
The remainder of a multi-million-dollar judgment won by Cohen & Malad against the former Celadon Trucking Services is providing welcome support to civil legal aid in Indiana.