The Financial Crimes Enforcement Network (FinCEN) has finalized a new residential real estate reporting rule under 31 CFR 1031.320 (the “Rule”), which takes effect March 1, 2026. This regulatory change will affect clients engaged in residential real estate transactions and, in particular, those…
The Indiana Consumer Data Protection Act (INCDPA), effective January 1, 2026, introduces new requirements for businesses that handle personal data of Indiana residents. If your company operates in Indiana or targets Indiana consumers, now is the time to ensure compliance with the INCDPA.
On March 12, 2025, Governor Mike Braun issued Executive Order 25‑38 (the “Executive Order”), directing Indiana agencies not to promulgate or retain environmental rules or programs that exceed federal Clean Air, Clean Water, or Safe Drinking Water Act standards, unless a stricter requirement is…
Discussion over the future of energy projects throughout the State of Indiana was paused recently by the Legislature. At issue is who will have the power to approve new projects involved in the generation, transmission, distribution, or storage of electricity, gases, or fluids, or water over more…
House Enrolled Act 1383 (“HEA 1383”)
On February 12, 2024, Governor Holcomb signed HEA 1383 into law, significantly reducing state oversight of certain types of wetlands. Indiana law organizes wetlands into three classes with Class III receiving the most oversight. HEA 1383 limits the…
On October 30, President Biden issued his Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence, along with a companion Fact Sheet issued by the White House. The Executive Order establishes the federal government’s priorities with respect to Artificial…
Krieg DeVault's Real Estate and Environmental Team are embarking on a new series designed to help focus on the areas of commercial leases and more nuanced commercial leasing topics. In the context of a commercial lease, you will find that one or more issues are particularly important to your…
Nonprofit businesses across Indiana pursue their purpose often tied to the hope of finding new paths for the expression of their dreams. Each new cycle could bring new opportunities to serve the non-profit’s core mission or offer new challenges or new collaborations with other allied organizations.…
While commercial businesses are typically aware of their responsibilities under the Americans with Disability Act (the “ADA” or the “Act”) relative to the maintenance of their physical office spaces and general corporate policies, some businesses have been the recipients of demand letters alleging…
Most Illinois commercial leases accelerate rent when a tenant defaults, but also require the landlord to mitigate damages by reletting, with the defaulting tenant getting credit for rents from the replacement tenant. This creates logistical challenges for the landlord filing a joint action for…
Commercial and Real Estate Lending Partner Julia A. Carpenter provides an overview of the London Interbank Offered Rate (LIBOR) and explains the effect it will have on the financial industry once it ceases to exist after December 31, 2021.
