Jacob W. O'Donnell

Associate
Office: Crown Point
jodonnell@kdlegal.com
p: 219-227-6065
f: 219-227-6101

Jacob O’Donnell is a member of the Business, Acquisitions, and Securities Practice and focuses on commercial transactions, forming and re-structuring business entities, and advising lenders on commercial and residential real estate transactions. He assists his business clients in the facilitation of loans, the securitization of financing for various banking clients, and drafting organizational documents for business entities. Jacob is involved in the Northern Indiana business community through serving on the Board of Directors for the Lake County Economic Alliance, an organization aimed at promoting stability and growth, recruiting new industries, providing incentives, and assisting small businesses in Northwest Indiana. In his free time, Jacob enjoys trying new foods, weightlifting, and reading.

Experience

Representative Experience

Helped secure financing for various banking transactions
Assisted in facilitation of loan documents for small businesses, banking institutions, and personal loans
Drafted petitions to modify restrictions on institutional funds
Participated in small-claims litigation for a family-owned business
Advised banking institutions on the facilitation of life-insurance premium financing
Promoted and ensured business entity compliance with the Corporate Transparency Act
Engaged in merger and acquisition due diligence
Counseled business owners through commercial transactions
Aided companies in business estate-planning matters
Guided non-profit corporations through business development and real estate matters

Professional Associations

Board of Directors, Lake County Economic Development Alliance

Publications

Co-Author, "Hold Your Filings: Preliminary Injunction Placed on Government Enforcement of CTA and Beneficial Ownership Information Reporting Requirements," December 4, 2024
Co-Author, "Time Quickly Running Out: Important Reminders about the Corporate Transparency Act," November 5, 2024
Author, “America’s Favorite Stimulant: An Argument for FDA Regulatory Control Over Caffeinated Products Labeled as Dietary Supplements Under the FDCA,” Indiana Health Law Review, Volume XX, No. 1 (2022)

Credentials

Education

J.D., Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2023
- Indiana Health Law Review, Associate Editor (2021-2023)
- American Constitution Society Treasurer (2021-2022)
B.S. in Political Science & Pre-Law, cum laude, Benedictine University, Lisle, Illinois, 2020
- Member, Benedictine Scholars Program

Bar & Court Admissions

Indiana, 2023

Practices & Industries

Practices

Industries

Beyond the Office

Foodie

Reading

Basketball

Insights

Business

CTA Update: Back in Business, For Now

December 24, 2024

Business

Hold Your Filings: Preliminary Injunction Placed on Government Enforcement of CTA and Beneficial Ownership Information Reporting Requirements

December 4, 2024

Business

Are We in a Banking Crisis? What the Silicon Valley and Signature Banks’ Failure Tell Us About the Future of Financial Institutions (Podcast)

April 13, 2023

Litigation

Supreme Court Confirms that to Violate the TCPA your Automatic Telephone System Must Use a Random or Sequential Generator

April 7, 2021

Secured Lender

President Signs COVID-19 Bankruptcy Relief Extension Act of 2021

March 31, 2021

Litigation

Indiana Financial Institutions Continue to be Targeted in Class Action Overdraft and NSF Lawsuits

February 3, 2021

Firm News and Events

Krieg DeVault's Kay Dee Baird Elected Chair of the Indianapolis Bar Association's Commercial Law & Bankruptcy Section for 2021

January 1, 2021

Secured Lender

CFPB Issues Finalized Changes To Regulation F To Implement The Fair Debt Collection Practices Act

December 16, 2020

Secured Lender

The Importance of Paying Attention to Notices Received in Bankruptcy Cases: Creditor Misses Proof of Claim Bar Date and Loses Claim for $2 Million

November 13, 2020

Secured Lender

Indiana Moratorium on Residential Property Evictions and Mortgage Foreclosures Will Continue Through the End of July 2020

July 5, 2020

Financial Services

CFPB Provides Flexibility to Financial Institutions When Dealing with Billing Errors, Payment Rules and Deposit Accounts Terms Related to the COVID-19 Pandemic

May 17, 2020

Secured Lender

A Message from Krieg DeVault LLP's Creditors' Rights and Bankruptcy Practice Group on Our Response to the Coronavirus COVID-19 Pandemic

March 23, 2020

Financial Services

Financial Services Regulators Respond to COVID-19

March 22, 2020

Secured Lender

Indiana Court of Appeals Expands De Facto Merger Exception to the General Rule Regarding Corporate Liability for Debts

March 8, 2020

Secured Lender

Seventh Circuit Confirms that the Bankruptcy Code Expressly Subordinates a Seller's Reclamation Claim to the Prior Rights of a Secured Creditor

February 19, 2020

Secured Lender

Indiana Supreme Court Rejects Imposition of “Rule of Reasonableness” on the Statutes of Limitations Applicable to a Lender's Pursuit of a Defaulted Mortgage Installment Promissory Note

February 19, 2020

Financial Services

Indiana DFI Enforcement Action Against Auto Dealer Underscores the Importance of Ensuring Indirect Lending Partners Understand Consumer Credit Laws

May 8, 2018

Thought Leadership

The Department of Defense Issues an "Interpretative Rule" to the Military Lending Act - Auto and Personal Property Lenders Faced With Regulatory Uncertainty

January 9, 2018

Thought Leadership

Partner and Firm Executive Committee Member Brian M. Heaton Elected to Serve as President of the Board of Directors of the Association for Corporate Growth Indiana

May 23, 2024

Firm News and Events

Known By the Successful Company We Keep® - Krieg DeVault Issues Annual Ad Showcasing Transactions from Many of Our Valued and Successful Clients

January 30, 2023

Real Estate

FinCEN Issues Final Rule for Beneficial Ownership Reporting to Support Law Enforcement Efforts, Counter Illicit Finance, and Increase Transparency

November 8, 2022

Business

13 Krieg DeVault Attorneys Recognized by 2023 Best Lawyers®; 7 Named to the 2023 Best Lawyers in America® Listing; 1 Receives “Lawyer of the Year” Designation; 6 Receive “Ones to Watch” Designation

August 18, 2022

Business

Krieg DeVault Partners John B. Baxter and Robert A. Greising Named to Chambers USA 2022 List; Firm Named to Chambers USA 2022 List for Real Estate

June 22, 2022

Business

U.S. House of Representatives Reintroduces the MORE Act: Will 2021 be the Year Federal Cannabis Prohibition Finally Ends?

June 14, 2021

Secured Lender

Indiana Supreme Court Curtails Attempted Expansion of Exceptions to General Rule Regarding Successor Liability in Corporate Transactions

May 7, 2021

Business

Governor Holcomb Signs Legislation Modifying Indiana’s Zero Tolerance Per Se Driving Law for Marijuana or Marijuana Metabolite

April 20, 2021

Business

Indiana House Votes to Reverse Indiana’s Ban on Smokable Hemp

February 24, 2021

Litigation

Indiana Supreme Court Affirms Freedom of Contract Principles in Closely Held Company Valuation Case: Choose Your Words Carefully

February 2, 2021

Business

Businesses That File Indiana Sales and Withholding Taxes Must Transition Accounts to New Indiana Department of Revenue System Starting September 8, 2020

September 8, 2020

Labor and Employment

Tax-Exempt Organizations Should be Prepared to File and Pay the Section 4960 Excise Tax on Executive Compensation by July 15, 2020

June 29, 2020

Business

IRS Releases FAQs on Tax Treatment of Higher Education Emergency Relief Fund and Emergency Financial Aid Grants under CARES Act

May 10, 2020

Thought Leadership

UPDATED - Paycheck Protection Program: Confirm the Necessity or Return the Funds

May 5, 2020

Thought Leadership

Further Relief for Indiana Businesses During the Time of COVID-19: Remote Meetings and Suspending Five-Year Limit on Reinstatements

May 4, 2020

Thought Leadership

SBA Issues Additional Interim Guidance on Paycheck Protection Program Clarifying Treatment of Self-Employment and Partner Income

April 15, 2020

Thought Leadership

Insurance Coverage for COVID-19: Six Steps to Help Your Business Maximize Insurance Coverage That May Be Available to Offset COVID-19 Losses and Claims

March 29, 2020

Thought Leadership

Real Estate Partner David Adams shares his insights with Midwest Real Estate News regarding the Indianapolis' commercial real estate market

January 16, 2020

Firm News and Events

Seventh Circuit Confirms that under Illinois law, Reference in Financing Statement to Parties' Security Agreement is Sufficient to Perfect Secured Creditor's Lien on Debtor's Collateral Described in Security Agreement

September 29, 2019

Firm News and Events

Corben A. Lee Joins Krieg DeVault's Business, Acquisitions, and Securities and Employee Benefits and Executive Compensation Practice Groups

January 27, 2019

Firm News and Events

Daniel Tychonievich Joins Krieg DeVault's Business, Acquisitions, and Securities Practice Group; will focus on Intellectual Property and Technology Matters

January 27, 2019

Firm News and Events

Representative Experience

Helped secure financing for various banking transactions
Assisted in facilitation of loan documents for small businesses, banking institutions, and personal loans
Drafted petitions to modify restrictions on institutional funds
Participated in small-claims litigation for a family-owned business
Advised banking institutions on the facilitation of life-insurance premium financing
Promoted and ensured business entity compliance with the Corporate Transparency Act
Engaged in merger and acquisition due diligence
Counseled business owners through commercial transactions
Aided companies in business estate-planning matters
Guided non-profit corporations through business development and real estate matters

Professional Associations

Board of Directors, Lake County Economic Development Alliance

Publications

Co-Author, "Hold Your Filings: Preliminary Injunction Placed on Government Enforcement of CTA and Beneficial Ownership Information Reporting Requirements," December 4, 2024
Co-Author, "Time Quickly Running Out: Important Reminders about the Corporate Transparency Act," November 5, 2024
Author, “America’s Favorite Stimulant: An Argument for FDA Regulatory Control Over Caffeinated Products Labeled as Dietary Supplements Under the FDCA,” Indiana Health Law Review, Volume XX, No. 1 (2022)

Education

J.D., Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2023
- Indiana Health Law Review, Associate Editor (2021-2023)
- American Constitution Society Treasurer (2021-2022)
B.S. in Political Science & Pre-Law, cum laude, Benedictine University, Lisle, Illinois, 2020
- Member, Benedictine Scholars Program