David Phelps

Reporter | Professional services
Phone: 612-673-7269
David Phelps covers the business of law, advertising and financial services. He previously led coverage of the Tom Petters fraud investigation and continues to cover its afternmath. Phelps is a former member of the Star Tribune Washington Bureau who has also covered state and local government and politics.

Recent content from David Phelps

FRWD ad agency takes brand directly to consumers

A small Minneapolis ad agency takes brands directly to consumers.

Updated: March 21, 2015, - 08:55 PM

AllOver Media purchased by private equity firm

The Plymouth-based ad company was sold to a private equity firm that will help finance its plans for expansion.

Updated: March 20, 2015, - 09:42 PM

Judge says it's time to set timetable to settle Petters bankruptcy claims

Bankruptcy Judge Gregory Kishel denied the claim at hand but told the trustee and attorneys that it was a matter of time before creditors would get antsy.

Updated: March 17, 2015, - 10:32 PM

Ruling could affect $1 billion in Petters clawback lawsuits

The Minnesota Supreme Court has ruled that state law doesn’t include a key provision that makes it easier to recover false profits from a Ponzi scheme.

Updated: March 15, 2015, - 05:46 AM

Attorney Drawz's career defined by cases like New Brighton water fight

For 34 years, attorney John Drawz has led New Brighton’s battle for clean water

Updated: March 09, 2015, - 12:24 PM

Carlson CEO Trudy Rautio retires; new management team named

Trudy Rautio has been an executive with the company for 18 years and is only the second nonfamily member to run it. Now, the hotel and travel groups will have separate CEOs.

Updated: March 06, 2015, - 05:57 AM

June 23: Carlson board sharpens its focus

Firm will spend TGI Friday’s cash to buy 100 percent control of Carlson Wagonlit Travel.

Updated: March 05, 2015, - 09:43 AM

Aug. 8: IBM wins $14.2M suit against Carlson

Judge ruled Carlson’s financial picture, not IBM’s performance, led to termination of IT contract.

Updated: March 05, 2015, - 09:42 AM

Jan. 17: Carlson puts hotel growth in newcomer's hands

David Berg’s charge includes freshening some of the company’s hotel concepts while expanding others.

Updated: March 05, 2015, - 09:42 AM

After strong 4Q, Best Buy signals new cost-cutting phase

Quarterly earnings beat expectations, but Joly warns that growth will slow

Updated: March 04, 2015, - 05:37 AM

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