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President Biden Weighs in on Financial Services “Junk Fees”

By: Brett J. Ashton on October 27, 2022

           On the heels of the Consumer Financial Protection Bureau (the “CFPB” or the “Bureau”) consent order with Regions Bank last week in connection with alleged unfair and deceptive overdraft practices (the “Regions Consent Order” discussed in our…

Take Five: Election Preview - 5 Things you Need to Know About Indiana Government - October 2022 

By: Amy M. Levander, Amy E. Schwarz, and Bianca Mizimakoski on October 25, 2022


1.  US Senate
 
Early voting in Indiana has already begun and the 2022 midterms are just two weeks away. In the US Senate race, incumbent Senator Todd Young (R) is facing five-term Hammond Mayor Tom McDermott (D) and behavior…

IRS Announces Retirement Plan Limitations for 2023

By: Lisa A. Durham and Emily C. Kopp on October 24, 2022

On October 21, 2022, the Internal Revenue Service issued Notice 2022-55 announcing the cost-of-living adjustment (“COLA”) applicable to pension and retirement plan dollar limitations for the 2023 tax year.  Earlier this month, the Social Security…

Time for a Breakroom Makeover: EEOC Releases New “Know Your Rights” Poster

By: Elizabeth M. Roberson and Virginia A. Talley on October 21, 2022

The Equal Employment Opportunity Commission (EEOC) released the “Know Your Rights: Workplace Discrimination is Illegal” poster on October 19, 2022, which replaces the “Equal Employment Opportunity is the Law” poster last revised in 2009. 

In its …

Krieg DeVault Expands Chicago Office with Financial Services Partners Laurie A. Martin Montplaisir and Parker E. Lawton

October 17, 2022

Krieg DeVault LLP is pleased to announce that the firm continues to grow its Chicago office with the addition of financial services attorneys Laurie A. Martin Montplaisir and Parker E. Lawton. Montplaisir and Lawton, who both join the firm as…

Is Your Workplace Correctly Classifying Employees and Independent Contractors? 

By: Elizabeth M. Roberson on October 17, 2022

On October 13, 2022, the U.S. Department of Labor (DOL) published a Proposed Rule to revise its prior guidance on how to determine who is an employee or independent contractor under the Fair Labor Standards Act (FLSA). This Proposed Rule rescinds a…

2022 Deal Landscape: Reps & Warranties Insurance (Podcast)

By: Robert A. Greising and George C. Lepeniotis on October 12, 2022

In this podcast Mergers & Acquisitions specialist, Robert A. Greising, dives into a continuation of our 2022 Deal Landscape focusing on Reps and Warranties Insurance.

Transferring Florida Real Estate - Tread with Caution

By: Rodney S. Retzner on October 4, 2022

Hurricane Ian focused our thoughts on Florida over the last week.  Many of us have family, friends and clients in Florida, living full-time, “snow birding,” or just visiting.  As we think about those individuals we are reminded of the various homes,…

Private Equity Investment in Medical Practices Series: STEP 3 - Pre-Sale Diligence

By: Thomas N. Hutchinson and Brian M. Heaton on September 29, 2022

One time consuming (and potentially frustrating) part of any private equity transaction is pre-sale due diligence. Pre-sale diligence is an internal review of the “selling” practice. (For purposes of this article, we will refer to the practice as…

CFPB Announces Consent Order with Bank for "Authorized-Positive Overdraft Transactions"

By: Brett J. Ashton on September 29, 2022

     The Consumer Financial Protection Bureau (the “CFPB” or the “Bureau”) announced yesterday that they had entered into a consent order (the “Consent Order”) against a financial institution for “unfair” and “abusive” acts and practices in connection…

Krieg DeVault Expands Real Estate and Environmental Practice

September 27, 2022

Krieg DeVault LLP is pleased to announce that the firm has significantly bolstered its Real Estate and Environmental Practice with the addition of commercial real estate attorneys Donald J. Smith and Stephanie J. Truchan, both previously with the…

Jeffrey L. Ledbetter Joins Krieg DeVault’s Financial Institutions Practice

September 27, 2022

Krieg DeVault LLP is pleased to announce that Jeffrey L. Ledbetter has joined the firm as an Of Counsel in the firm’s Financial Institutions Practice . Mr. Ledbetter is a financial services attorney with broad experience in law relating to consumer…

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