Celadon selling Andy Warhol prints as part of bankruptcy
Indianapolis-based Celadon Group Inc., which is auctioning off its assets in bankruptcy, isn’t just shedding trucks and real estate — it’s also selling Andy Warhol artworks.
U.S. Bankruptcy Court for Southern District of Indiana
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Shelbyville man gets 200 years for child sexual exploitation
A man who pleaded guilty to sexual exploitation of a child and possession of child pornography has been sentenced to 200 years in federal prison, the federal prosecutor’s office for the Southern District of Indiana announced.
PACER user group ready to begin work in February
Twelve individuals with backgrounds in the law, media, government and academia have been selected for the new PACER User Group, which will offer input and advice for improving the federal courts’ electronic docket system as well as other electronic public access services provided by the judicial branch.
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.
National, Indiana bankruptcy filings tick up, reversing trend
Reversing a years-long trend of declining bankruptcy filings, new cases inched upward in the year ending Sept. 30, 2019, the federal judiciary reported. The rise in bankruptcy filings in Indiana outpaced the national increase, the report shows.
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.
Proper forum for dispute is tax court, not bankruptcy
A federal appellate panel has answered questions as to whether a bankruptcy court can determine the amount of a debtor’s tax obligations when the debtor is unlikely to pay them. Although a U.S. Bankruptcy Court for the Southern District of Indiana answered yes to that question, a district judge disagreed.
Federal courts report bankruptcies continue to decline
Continuing a trend of recent years, bankruptcies nationwide declined for the fiscal year that ended June 30, 2019, U.S. Courts reported. Overall personal bankruptcies declined slightly, though business filings increased for just the third time this decade. Indiana’s Southern District bankruptcy numbers, however, told a different tale.
Bankruptcy Judge Lorch stepping down (again) after 27 years
Retiring Judge Basil H. Lorch III of the U.S. Bankruptcy Court for the Southern District of Indiana will be honored in a private ceremony Friday for his 27 years of service in the federal judiciary.
Public comment sought for Southern District Bankruptcy Court proposed amendments
The United States Bankruptcy Court for the Southern District of Indiana is seeking public comment concerning proposed amendments to the court’s local rules, including some required by changes to national rules. Comments are due by 5 p.m. Nov. 28.
Filings for bankruptcy continue to fall
Bankruptcy filings in federal courts continued their downward slide with more than 250,000 fewer cases filed for the year ending March 31, 2018, than were filed during the same period in 2014, according to the Administrative Office of the U.S. Courts.
Funding boost enables raises for federal defenders, jurors
A nearly $200 million increase in the Fiscal Year 2018 budget is enabling the federal judiciary to increase compensation for jurors and indigent defense attorneys while also performing construction projects at three federal courthouses.
Decline in bankruptcy filings is smallest in years
National data released Wednesday by the United States Courts suggests a continuing decline in bankruptcies may be plateauing. Bankruptcy filings fell by 1.8 percent for the 12-month period ending September 30, 2017, compared with the year ending September 30, 2016.
Right to use HHGregg’s name and other intellectual property fetches just $400,000
Failed retailer HHGregg Inc., which racked up more than $2 billion in annual revenue prior to landing in bankruptcy this March, has sold its name and other intellectual property rights for a mere $400,000.
Decline in bankruptcy filings slowing
Bankruptcy filings in federal courts continue to fall, but the rate of decline is slowing.
Trustee prepares for next round in ITT bankruptcy
Hiring of litigation firm Robins Kaplan indicates claims may be filed against the school’s leaders.
Trustee prepares for next round in ITT bankruptcy
Hiring of litigation firm Robins Kaplan indicates claims may be filed against the school’s leaders.
ITT trustee hires ‘feared’ litigators
The Chapter 7 bankruptcy trustee for ITT Educational Services has hired “the most feared” litigators in the nation to help with investigating and prosecuting claims against the former directors and officers of the for-profit school.
Federal courts offering free CLE for Black History Month
The federal courts and other agencies in the Southern District of Indiana are offering a free CLE this month honoring an Indiana legend as part of their annual Black History Month event.
Bankruptcy filings continue to fall
Bankruptcy filings hit a 10-year low nationwide in 2016, a new federal judiciary report shows.