On November 5, 1973, fire was reported in the Grant building in the heart of downtown Indianapolis. The fire spread to 15 buildings including a five story building occupied by the Federal Reserve, a 15 story office building housing numerous law firms and jewelry stores, and a high rise apartment. More than 80 businesses were impacted by the fire. The ensuing litigation included a state court trial denying class action certification and a bell weather trial in the U.S. District Court in Indianapolis, which resulted in defense verdicts. Indiana National Bank, which owned the Grant building, was the principal solvent defendant. Indiana National Bank was represented by Locke Reynolds Boyd & Weisell, which has merged with Frost Brown Todd.
Grant Building Fire