Northern District Bankruptcy Court amends two local rules
The Indiana Northern District Bankruptcy Court has amended two of its local rules relating to costs and pre-trial procedures.
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Northern District Bankruptcy Court seeks comment on rule amendment
Indiana’s Northern District Bankruptcy Court is seeking public comment on a proposed addition to a local rule.
Andretti Autosport sued over sponsorship money from HHGregg
A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.
7th Circuit affirms rulings in telecom company bankruptcy
A now-bankrupt telecommunications provider cannot avoid making payments invoiced by its supplier prior to the filing of an involuntary bankruptcy petition because the supplier has a legitimate defense under the “new value” concept in U.S. Bankruptcy Code, the 7th Circuit Court of Appeals has ruled.
High court allows man’s complaint against stepmother to continue
A Delaware County man’s complaint alleging his stepmother violated her duties as trustee of his deceased father’s trust will continue after the Indiana Supreme Court upheld a finding that the trial court has jurisdiction to hear the case.
Farm that tried to ‘stiff creditors’ loses appeal
The 7th Circuit Court of Appeals has ruled in favor of a Louisville-based creditor suing a Scottsburg farm seeking to collect on a debt, finding the farm failed to raise the appropriate defense in the district court.
Challenged statements protected by absolute privilege, COA affirms
The Indiana Court of Appeals has affirmed partial summary judgment for an Indianapolis law firm in a defamation case, finding the challenged statements made by the firm were protected by absolute privilege.
Incomes up, bankruptcy filings down in 2016
Bankruptcy filings in Indiana slipped slightly in 2016 while average monthly income inched higher, mirroring a national trend highlighted in the annual report filed by the Judiciary with the U.S. Congress.
7th Circuit: Nightingale must defend Medicare restitution claims
A Carmel-based home health care company stripped of its certification to receive Medicare funding in Indiana will return to the district court in Indianapolis to defend against government claims seeking nearly $5 million in restitution.
CVS, suitors for Marsh stores agree to settlement, helping clear way for sale
The two Ohio-based grocery chains that agreed to purchase 26 stores from Marsh Supermarkets have reached a settlement with pharmacy giant CVS Health, getting them a step closer to finalizing the transaction totaling $24 million.
CVS, owners of Lockerbie Marketplace object to Marsh store-sale plan
Pharmacy giant CVS Health and the owner of Lockerbie Marketplace downtown filed objections Tuesday night to Marsh Supermarkets’ plan to sell 26 stores to two Ohio-based grocery chains for $24 million.
High court backs bids to collect outdated debt in bankruptcy
A divided U.S. Supreme Court has ruled that debt collectors can use bankruptcy proceedings to try to collect liabilities that are so old the statute of limitations has expired.
Decline in bankruptcy filings slowing
Bankruptcy filings in federal courts continue to fall, but the rate of decline is slowing.
Judge’s ruling ends civil suit against former Irwin Union bank officers
An Indianapolis judge has ruled in favor of three former Irwin Union Bank & Trust Co. executives, closing the book on a civil suit that the bank’s bankruptcy trustee originally filed in 2011.
Justices uphold St. Joseph County foreclosure
The Indiana Supreme Court has ruled in favor of a mortgage company that foreclosed on a St. Joseph County couple’s home, holding that although the couple’s personal liability was discharged under Chapter 7 liquidation, the lien on the property was still an enforceable action.
COA: Trial court can hear complaint stemming from bankruptcy proceedings
The Indiana Court of Appeals has instructed the Delaware Circuit Court to hear a case stemming from the sale of interests in a bankruptcy proceeding after determining that the trial court has jurisdiction over the complaint.
Bankruptcy trustee appears poised to sue former ITT brass
ITT Educational Services Inc.’s bankruptcy trustee has launched a no-holds-barred investigation into the defunct company’s business practices—a move that appears likely to pave the way for her to sue former officers and directors, including CEO Kevin Modany and Chief Financial Officer Kevin Fitzpatrick.
Majority: Attempt to collect stale debt not deceptive
The 7th Circuit Court of Appeals was divided Wednesday over whether debt collectors violated the Fair Debt Collection Practices Act when they attempted to collect stale debts in Chapter 13 bankruptcy proceedings.
COA: investors owed reimbursement
Although a reversal in the Indiana Court of Appeals handed an investment firm a reimbursement, the amount of funds to be returned is unknown since the trial court was left to figure the sum.
Ties to Florida firm burn Indiana lawyers
Small-town lawyer Justin Wall argues in his discipline case that he’s fighting not just for his career, but for the livelihoods of his Huntington co-workers and the needs of his community after he tried to drum up business with a regretful decision to answer a Craigslist ad four years ago.