Fares Pawn, LLC v. Indiana Department of Financial Institutions
Court of Appeals for the Seventh Circuit
1Opinion of the Court
FLAUM, Circuit Judge.
Indiana businesses that engage in pawnbroking activity must get a license from the state’s Department of Financial Institutions (DFI). The plaintiff in this case, William Saalwaechter, owns Fares Pawn LLC, a pawn shop in Evansville, Indiana. He applied for a license in March 2009, but DFI denied his application, citing concerns about previous pawnbroking on the property and about his store manager’s criminal history. Saalwaechter brought an administrative action challenging the denial. He eventually received a license after he signed a memorandum of understanding agreeing…
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