Sugar Factory faces eviction at Circle Centre after allegedly failing to pay $300,000-plus in rent
The landlord for Circle Centre Mall has filed a lawsuit to evict Sugar Factory, alleging that the restaurant has defaulted on its rent.
Business Law
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Corporate transparency: New federal law imposes reporting requirements on some businesses
The law is intended to provide law enforcement with ownership information about many companies for the purpose of detecting, preventing and punishing terrorism, money laundering and other misconduct through business entities.
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Companies seek liability protection for top execs
A growing number of companies in Indiana and elsewhere are hoping to offer new legal protection for top executives following a 2022 change in Delaware’s corporation law.
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‘Cautiously optimistic’: Attorneys say inflation causing banks, clients to ‘sharpen pencils,’ but projects, investments moving ahead
Between interest rates, labor shortages, supply chain issues, the ongoing war in Ukraine and the aftereffects of COVID-19, debtors and creditors are facing some uncertainties, attorneys say.
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Online provider FairShake helps consumers maneuver arbitration process
Teel Lidow, an attorney and entrepreneur, has entered the consumer arbitration space as the CEO and founder of FairShake. This online service helps individuals navigate the arbitration process when they find a billing error or have a complaint about faulty products and services.
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Articles
IndyBar: Corporate Transparency Act: Understanding the New Reporting Requirements
New regulations under the Corporate Transparency Act require reporting companies to disclose certain information related to their beneficial owners.
‘Forecast is a little bit cloudy’: Venture capital exits hit their lowest in 2023, but rebound could be coming
In 2023, attorneys saw venture capital exits at their lowest levels since the pandemic and 2008 market crash.
Taco Bell franchisee sues to prevent launch of Taco Bell Cantina downtown
The franchisee who operates a Taco Bell restaurant in Circle Centre Mall has filed suit against Taco Bell and a fellow franchisee in hopes of preventing the opening of Indiana’s first Taco Bell Cantina.
Donald Trump arrives in court for New York trial scrutinizing business practices
Former President Donald Trump showed up on Monday for a trial in a lawsuit that could cost him control of Trump Tower and other prized properties, after vowing to defend his reputation in a case he calls “a sham.”
Pier 48 keeps serving as legal wrangling continues
Pier 48 Fish House & Oyster Bar hadn’t even been open a year when business disputes among the downtown restaurant’s owners began spilling into the legal system in August 2020, with the various partners slinging lawsuits and accusations back and forth.
SCOTUS takes 8 new cases, 1 about a religious mailman
The Supreme Court on Friday agreed to consider what employers must do to accommodate religious employees, among eight new cases it added.
Proposal could ax business personal property tax for thousands
A House lawmaker is reviving an effort to make changes to the business personal property tax that would offer a bit of a windfall to small-business owners while reducing local government revenue.
CLE highlights benefits of commercial courts
At the conclusion of the three-hour CLE, presenting judges and attorneys came to similar conclusions regarding the Indiana Commercial Courts: They’ve improved efficiency and lowered costs, but more lawyers and businesses should take advantage of them.
COA: Former pet company exec had no ownership interest
The former president of a company that manufactured animal and pet products has failed to convince the Court of Appeals of Indiana that along with being an executive at the company, he also held an ownership stake.
Device firm embroiled in lawsuit filed by investors
In a lawsuit filed last month in Marion Superior Court, investors of VoCare accused top officers and board members of self-dealing, gross mismanagement and fraudulent behavior that has put the privately held company in “imminent danger” of insolvency.
Deadline tonight for 2022 Corporate Counsel Guide submissions
Today is the final day to submit company information for the 2022 Indiana Lawyer Corporate Counsel Guide.
Split 7th Circuit allows RV worker’s age discrimination claim to continue
A former Forest River employee will get a second chance to make his claim that the recreational vehicle maker constructively discharged him by refusing to address age-based harassment after a split 7th Circuit Court of Appeals revived the case and sent it back to the Northern Indiana District Court. However, one judge dissented, asserting, “there was not enough ‘constructive’ in the plaintiff’s constructive discharge claim.”
Former Merrill Lynch broker Buck ordered to pay $7.5M in damages to former client
Former powerhouse Merrill Lynch broker Thomas Buck, who was released from prison in January after serving time for securities fraud, has been ordered to pay $7.5 million in damages to a former client who says Buck mismanaged her investments.
John and Lovett: Federal Indian law in Indiana — land of the Indians
Appropriate for the Native American Heritage Month of November is a discussion about the presence of Native Americans in Indiana.
2008 Mississippi River spill: Jeffersonville barge company to pay $6.6M
An Indiana-based barge company responsible for a Mississippi River oil spill that significantly damage shoreline habitat in south Louisiana in 2008 has agreed to pay $2.1 million in damages and buy and preserve a wildlife habitat just miles from downtown New Orleans.
Carmel-based firm uncovers three separate cases of employee fraud
Maria Caceres, a former employee of Carmel-based Seven Corners Inc., stands accused of defrauding the company by submitting false claims — the third employee to face such charges within two years in separate criminal cases that allege more than $3.5 million in fraud against the travel insurance company.
Former exec loses appeal to keep his stock in $20M filtration firm
The case involved whether a co-founder of Anderson-based Hy-Pro Corp. owned stock in the business when it was sold in 2017.
Indianapolis-area employers reluctant to require employee vaccinations
Around central Indiana, employers are offering plenty of incentives to encourage their workers to get vaccinations as part of an effort to keep their office towers, stores, warehouses and factory floors safe for co-workers and visitors. But few, if any, are requiring workers to get vaccinated.
Egg dispute back in court over allegations of cracked contract
A dispute between farming companies over egg production and chickens snatched from their coops will return to court to address two breach claims after the Indiana Court of Appeals partially reversed a dismissal.