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 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.
A former manager of a bank branch in Brownsburg has been sentenced to three years in prison for two separate fraud schemes—one involving bank customers and the other involving three children for whom she served as inheritance trustee.
A federal magistrate appointed a public defender for a man during his first court appearance in the June killing of a security guard shot to death outside a Gary bank during a robbery.
Busey Bank says it has lost more than $100 million in loans to a competitor because of “brazen and systematic poaching” of its employees.
The Fair Housing Center of Central Indiana and Indianapolis resident Carlette Duffy have filed fair housing complaints with the U.S. Department of Housing & Urban Development, alleging Duffy’s home was appraised at a lower value because she is African American.
The Indiana Supreme Court on Thursday struck down lower court rulings in favor of an unpaid contractor that performed work for a South Bend business, finding that because the business’s assets are now owned by a bank rather than the prior company, the new bank-owned business is not liable for the bill.
An inmate who escaped from a Kentucky jail last month by climbing through a hole in a jail window has been captured in southern Indiana, authorities said.
A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal conduct at the Trump Organization.”
A 7th Circuit Court of Appeals majority affirmed Thursday the dismissal of a homeowner’s complaint against a bank that he alleged failed to honor a loan-modification offer that could have kept him from foreclosure.
An Illinois man who pleaded guilty in a string of Indiana bank robberies pulled off while he wore wigs and fake beards as disguises has been sentenced to 40 years in prison.
A de facto merger existed between two companies operated under a “continuity of management,” the Indiana Court of Appeals ruled Monday, upholding a judgment against the successor entity.
A federal appeals court has ruled that President Donald Trump’s financial records must be turned over to the House of Representatives.
A bank has failed to prove that one of its customers is thousands of dollars behind on her credit card payments, the Indiana Court of Appeals ruled Thursday.
An Indiana man convicted of “Bonnie and Clyde-style” bank robberies lost his appeal before the 7th Circuit, which ruled Monday that the defendant’s rights weren’t violated when he was tracked from Indiana to California or when evidence of other robberies he wasn’t charged with were admitted at his trial.
A bank that brought breach of contract, fraud and unjust enrichment claims against its loanee won each of those claims on appeal, but failed to state a claim that the loanee violated the “usual and customary practices” laid out in its participation agreement, according to a Friday opinion from the Indiana Court of Appeals.
Assumptive arguments made by a bankruptcy trustee suing former bank directors were rejected by the 7th Circuit Court of Appeals, which said his assertions colored the court skeptical.
Finding a couple’s appeal of a judgment in favor of a bank meritless and in bad faith, the Indiana Court of Appeals affirmed a trial court ruling and remanded the case for a determination of appellate legal fees to be awarded from the couple to the bank.