Insights
By: Elizabeth M. Roberson, Deborah J. Daniels, and Robert A. Greising
on April 6, 2022
Last week, the Indiana Court of Appeals affirmed lower court decisions to allow separate class action lawsuits filed against Indiana University and Purdue University to move forward. The lawsuits, one against Indiana University and two against…
By: Amy M. Levander and Amy E. Schwarz
on April 5, 2022
1. Legislative Vetoes and Technical Corrections Day
Governor Holcomb has vetoed two bills out of the 177 bills that were sent to his desk by the Indiana General Assembly: HEA 1211 and HEA 1041. HEA 1211 was a bill that originally dealt…
By: Brett J. Ashton, Ann Marie Woolwine, and Kyle P. Chambers
on March 31, 2022
The world’s most popular contractual benchmark rate, the London Interbank Offered Rate or “LIBOR,” is being discontinued. Many LIBOR-based contracts contain inadequate provisions, or none at all, to deal with the discontinuation of LIBOR…
By: Rodney S. Retzner and Micah J. Nichols
on March 31, 2022
Running a family business can be all-consuming, but it is vital for owners to take time to develop and implement a succession plan for death, retirement, or incapacity. Failing to plan for ownership change could affect the long-term survival of the…
By: Christopher W. Bloomer
on March 23, 2022
Until recently, members of a governing body could meet electronically with few limitations, such as attendance of a quorum, the public’s ability to simultaneously attend and observe the meeting, the inclusion of certain information in the meeting’s…
By: Robert A. Greising and Sarah E. Jones
on March 23, 2022
Recent guidance indicates that some confusion may be running rampant in Board rooms about who gets invited to their meetings. This question surfaces when advising clients on governance issues associated with new entities, transforming entities, and…
By: Brett J. Ashton
on March 21, 2022
Since his appointment on October 12, 2021, Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) Director Rohit Chopra has embarked on an aggressive campaign to identify and punish discriminatory practices in the financial services industry.…
March 18, 2022
Krieg DeVault is pleased to announce that Partner Libby Yin Goodknight has recently been named to the Board of Directors of the Indianapolis Legal Aid Society (“ILAS”). Ms. Goodknight currently serves as Chair of the firm’s Litigation & Dispute…
By: Thomas N. Hutchinson and Brian M. Heaton
on March 8, 2022
The first step in most medical practice or health facility sale discussions (including those with private equity) is the negotiation and execution of a Non-Disclosure Agreement, also commonly referred to as an NDA or Confidentiality Agreement. An…
By: Daniel Tychonievich and Virginia A. Talley
on March 2, 2022
Consulting relationships have become increasingly prevalent in today’s growing tech and entrepreneurial economy. Whether for one’s main gig or side gig, the utilization of consulting arrangements has been further accelerated by exponential growth in…
February 28, 2022
Krieg DeVault LLP is pleased to announce that Patrick J. Fagan has joined the firm’s Commercial and Real Estate Lending Practice as an Associate. Mr. Fagan will concentrate in the areas of advising lenders and borrowers in complex commercial lending…
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