Herb Simon and other equity holders in SFG Co. LLC are suing the company’s managers, which includes members of the late David Simon’s family, for allegedly dissolving the company to benefit his own family.
The court heard arguments Thursday from attorneys for Indianapolis-based Simon Property Group and security contractor Universal Protection Service, who maintain the lawsuit should be dismissed because such attacks can’t be foreseen.
The restaurant-and-entertainment chain Punch Bowl Social, whose Indianapolis location at 120 S. Meridian St. in Circle Centre mall has been closed since the start of the pandemic, has filed for Chapter 11 bankruptcy reorganization.
The Indiana Court of Appeals has affirmed a preliminary injunction for Simon Property Group that prevented retail-clothing store Abercrombie & Fitch from permanently closing stores in dozens of Simon malls.
Indianapolis-based Simon Property Group has negotiated a $656 million cut in the price it will pay to purchase a Michigan-based shopping center company in light of the pandemic — a deal that comes just in time to stop a trial that was set to start Monday.
Indianapolis-based shopping mall landlord Simon Property Group has filed a lawsuit against clothing retailer Brooks Brothers that seeks more than $8.7 million in unpaid rent.
Indianapolis-based Simon Property Group Inc. on Wednesday morning announced it has called off its deal to acquire rival shopping center owner Taubman Centers Inc. for $3.6 billion.
New York Attorney General Eric Schneiderman has reached an antitrust settlement with Simon Property Group that requires the Indianapolis-based real estate giant to pay $945,000 and revise lease terms of tenants at its popular Woodbury Common Premium Outlets.
New York Attorney General Eric Schneiderman has reached an antitrust settlement with Simon Property Group that requires the Indianapolis-based real estate giant to pay $945,000 and revise lease terms of tenants at its popular Woodbury Common Premium Outlets.