Former employee pleads guilty in $4.5M Cummins fraud case
A former employee accused of defrauding Indiana-based Cummins Inc. and other companies out of more than $4.5 million has pleaded guilty to one count of wire fraud.
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Default judgment reversed in car dealership collections case
Default judgment against a former auto dealership executive has been set aside after the Indiana Court of Appeals found excusable neglect in an executive’s failure to adequately respond to a collections complaint.
Celadon files for bankruptcy, plans to shut down
An Indianapolis-based trucking company with nearly 4,000 employees said Monday it filed for bankruptcy and will shut down all operations, just days after two former officials were charged in a fraud scheme.
Federal judge rules in Indy financial adviser’s favor in exit from firm
A recent ruling by a federal judge in Indianapolis could make it easier for financial advisers who switch firms to tell clients about the move without fear of legal consequences.
Entrepreneurial endeavor: New Indianapolis law firm thinks like a startup
Like the entrepreneurs they represent, the three lawyers who recently formed JBJ Legal — Kimberly Jeselskis, B.J. Brinkerhoff and Hannah Kaufman Joseph — got restless working for someone else. Befitting their entrepreneurial spirit, the three have leveraged technology and capitalized on modern-day office concepts in starting their firm.
Faegre Baker Daniels discussing combination with Philly-based firm
Talks of a combination are underway between Minneapolis-based Faegre Baker Daniels and Philadelphia-based law firm Drinker Biddle & Reath, Indiana Lawyer confirmed Wednesday. A possible deal would mark the third since the beginning of the year among the top six law firms in the Indianapolis market.
Tech company stockholders’ $3.1M award in earnout dispute upheld
The Indiana Court of Appeals on Thursday affirmed a more than $3 million award to stockholders of a technology company in a purchase agreement dispute.
Justices steer defective dump-truck suit back to trial court
A lawsuit alleging an Indianapolis manufacturer delivered dozens of defective dump trucks in 2005 has taken a U-turn back to the trial court after the Indiana Supreme Court found it could not grant summary judgment sought by the truck builder in litigation brought against it by the truck buyers.
Survey: 3 out of 4 legal officers expect recession; many cut spending
A wide majority of chief legal officers expect a recession and therefore have taken steps to curb spending on in-house and outside counsel, a new survey reports.
Fort Wayne attorney becomes Indiana Chamber board leader
A Fort Wayne attorney has taken the helm of the Indiana Chamber of Commerce as the leader of its board of directors. The partner in Faegre Baker Daniels’ Fort Wayne office will serve a one-year volunteer term.
Frost Brown Todd motors into Michigan, opens Ann Arbor office
Frost Brown Todd has expanded its midwestern footprint by opening an office in Ann Arbor, Michigan, its first in the state.
Indiana logs on to Facebook investigation
The Indiana Attorney General’s office is among the 47 nationwide that have joined a multistate antitrust investigation into Facebook, focusing on the social media giant’s dominance in the industry and the potential for anticompetitive conduct.
COA affirms for insurer in litigation dispute
Deciding an issue of first impression, the Indiana Court of Appeals affirmed a favorable ruling for an insurance company following arguments that it had no obligation to defend former customers in outside litigation.
Supreme Court takes oral argument to Parke Heritage High School
Indiana Supreme Court justices will travel to Parke Heritage High School on Tuesday to hear oral arguments in the civil negligence case of Cavanaugh’s Sports Bar & Eatery, Ltd. v. Eric Porterfield, 18A-CT-1814.
Divided COA dismisses negligence suit in fatal helicopter crash
A divided Indiana Court of Appeals panel ruled for three aerospace defendants in a negligence case brought by victims of a fatal helicopter crash that took place in Mississippi, finding Indiana has no personal jurisdiction in the matter.
Founder of Scotty’s restaurants says chain’s failure led to personal bankruptcy
Scott Wise, the founder and former owner of the Scotty’s Brewhouse chain, has filed for personal bankruptcy — a situation he says was brought on by the failure of his former business.
What’s the next step? The nuances of business succession planning
Indiana estate planning and business succession attorneys say often, business owners don’t like to think about what might happen to their company if they were no longer able to run it. This is also true nationwide, with Forbes reporting that 30% of businesses don’t have a formal estate plan in place.
Federal agents shut down Indianapolis gun dealer, seize more than 300 firearms
ATF and local law enforcement agents shut down an Indianapolis gun dealer accused of being operated by a felon banned from possessing or selling firearms. Authorities seized about 390 firearms Tuesday after the dealer’s operator was previously charged with violating federal firearms law.
7th Circuit: Corruption concerns regarding ex-Biomet employee not defamation
A former Biomet employee has lost his argument before the 7th Circuit Court of Appeals that he was defamed by his former employer when it included his name in a list for the Department of Justice as part of a corruption investigation.
Lawyer who owns Brown County’s Story Inn dies at 63
Richard “Rick” Hofstetter, the lawyer-turned-businessman who operated the popular Story Inn in southern Brown County, died Oct. 1. He was 63.