Articles

7th Circuit strips judgment for Emmis, rules for insurer

A federal appeals court reversed a breach-of-contract ruling for media company Emmis Communications Corp. arising from a shareholder dispute. The 7th Circuit Court of Appeals ruled the district court should have found in favor of Emmis’ insurer instead.

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IBM awarded post-judgment interest to 2017 in long-running dispute

In its second opinion issued in the years-long dispute between Indiana and IBM Corp. over the failed contract to create a new Hoosier welfare system, the Indiana Supreme Court has allowed IBM to collect post-judgment interest on its $49.5 million damages award. However, that interest will date back only to a 2017 judgment on remand, not the original judgment entered in the company’s favor in 2012, and only serves as an offset to the greater sum IBM owes the state.

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Judgment for IndyCar upheld in Panther Racing suit

The Indiana Court of Appeals on Thursday affirmed that a sponsorship agreement between IndyCar and a now-defunct racing team did not prevent IndyCar from providing another team access to space in the Fan Village at races on the circuit.

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COA upholds judgment for university against former employees

The Indiana Court of Appeals affirmed the denial of two former Oakland City University employees’ claims against the school and its president, concluding they were not fraudulently induced into their employment or fired in retaliation for uncovering misuse of public funds. 

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Local lender files $20M lawsuit against fast-food franchisee

An Indianapolis-based company that specializes in lending money to restaurant franchisees has filed a $20 million lawsuit against the operator of 70 fast-food restaurants in Indiana and three other states, claiming it breached its loan agreements by defaulting on payments and failing to properly run its franchises.

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