Insights
                             
           
           
           
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
                       
                                                                                            By: Robert A. Greising, Travis D. Lovett,  and George C. Lepeniotis
                                                                                             on  October 24, 2023
                                                                     
                     
                                        
The deadline to comply with the Corporate Transparency Act (CTA), a new law that aims to combat illegal activity typically organized and run by nefarious entities, is fast approaching. Many corporations, LLCs, and other business entities that are… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                    
                       
                                                                                                                    October 11, 2023
                                                                     
                     
                                        Krieg DeVault LLP is pleased to announce that Chloe N. Craft, Jacob W. O’Donnell, and Caleb A. Perez have joined the firm as Associates.  Craft (Carmel, IN office) will provide counsel to the firm’s clients in the Labor and Employment Practice;… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Laurie A. Martin Montplaisir and Brett J. Ashton
                                                                                             on  October 9, 2023
                                                                     
                     
                                        The California Department of Financial Protection and Innovation (“DFPI”) recently adopted a new unfair, deceptive, and abusive acts and practices regulation (the “UDAAP Regulation”) appliable to commercial lenders extending credit to small… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Amy M. Levander and Amy E. Schwarz
                                                                                             on  October 4, 2023
                                                                     
                     
                                        1. Medicaid Redetermination Continues 
 
As health agencies across the country continue the Medicaid unwinding process due to the end of the COVID-19 public health emergency, and the increased federal funding that accompanied it, Indiana… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Meghan M. Linvill McNab and Brandon W. Shirley
                                                                                             on  October 3, 2023
                                                                     
                     
                                        On August 2, 2023, CMS published the fiscal year 2024 Inpatient Psychiatric Facilities Prospective Payment System (“IPF PPS”) Final Rule. One of the included regulatory changes was to the permitted timing for a hospital to convert a rehabilitation… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: George C. Lepeniotis and Alex C. Bowman
                                                                                             on  September 27, 2023
                                                                     
                     
                                        Supply agreements govern the relationships between suppliers and customers regarding the exchange of goods and services and serve as a key component of success for many businesses.  Whether you are a seasoned procurement professional or a business… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Bradley S. Fuson and Patrick J. Fagan
                                                                                             on  September 6, 2023
                                                                     
                     
                                        OVERVIEW 
On August 24, 2023, the United States Court of Appeals for the Second Circuit (the “Second Circuit Court”) ruled that syndicated term loans are not considered to be “securities” – meaning syndicated loans are not subject to federal… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
                       
                                                                                            By: Robert A. Greising and Travis D. Lovett
                                                                                             on  August 31, 2023
                                                                     
                     
                                        Starting January 1, 2024, most small privately held businesses will be required, pursuant to the Corporate Transparency Act (“CTA”), to report information to the federal government about their owners and individuals that exercise control over the… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                    
                       
                                                                                                                    August 30, 2023
                                                                     
                     
                                        Welcome news was delivered by the Internal Revenue Service last Friday afternoon, under IRS Notice 2023-62.  The IRS has extended the January 1, 2024 deadline for employer-sponsored retirement plans to implement Section 603 of SECURE 2.0 (“Section… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                    
                       
                                                                                                                    August 22, 2023
                                                                     
                     
                                        On August 9, 2023, the Internal Revenue Service (the “IRS”) issued a cautionary statement to business owners, plan sponsors, individual taxpayers, advisors, and attorneys concerning a range of compliance issues associated with employee stock… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                            
                       
                                                                                                                    August 21, 2023
                                                                     
                     
                                        Krieg DeVault is pleased to announce that 16 attorneys have been recognized for inclusion in various 2024 Best Lawyers® Listings.  Best Lawyers is the oldest peer-review publication in the legal profession. A listing in Best Lawyers is widely… 
                                        
                  
                 
                                
              
           
           
            			
              
                                  
                                           
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
                       
                                                                                            By: Elizabeth M. Roberson, Nancy J. Townsend,  and Virginia A. Talley
                                                                                             on  August 21, 2023
                                                                     
                     
                                        On June 29, 2023, the U.S. Supreme Court clarified the “undue hardship” standard that allows employers to reject some employees’ requests for a religious accommodation under Title VII of the Civil Rights Act of 1964 (“Title VII”). With the Court’s… 
                                        
                  
                 
                                
              
           
           
                      
           
           
           
         
         
         
         
               
      
    
   
   
      
    
   
   
         
   
      
 
				 
			 |