Insights |
Search OptionsInsightsKrieg DeVault’s William Amberger Selected for Indianapolis Bar Association Leader Series
Krieg DeVault LLP is pleased to announce that William Amberger has been selected for the Indianapolis Bar Association's Bar Leader Series Class XXIII. The yearlong leadership development program is designed for talented early career attorneys… The 21st Century ROAD to Housing Act Becomes Law: What Credit Union Executives Should Know
The 21st Century ROAD to Housing Act (“Act”) became law on July 11 without President Donald Trump’s signature, after the President neither signed nor vetoed the legislation. The Act represents one of the most comprehensive federal housing packages… Beneficial Ownership Reporting Requirements Repealed for U.S. Businesses
After years of regulatory uncertainty, litigation, and multiple deadline extensions, the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) has permanently eliminated beneficial ownership information (BOI) reporting… DOL Guidance Clarifies When Percentage-Based Bonuses May Avoid Overtime Recalculations
The U.S. Department of Labor (DOL) recently issued guidance addressing when employers must include nondiscretionary bonuses in an hourly or non-exempt employee’s regular rate of pay under the Fair Labor Standards Act (FLSA). The guidance is… DOL Clarifies When Meal Breaks May Be Unpaid
The U.S. Department of Labor recently issued guidance addressing when employers may treat meal breaks as unpaid under the Fair Labor Standards Act (“FLSA”). While opinion letters are not binding legal precedent, they provide helpful guidance about… U.S. DEPARTMENT OF LABOR CLARIFIES WHEN COMMUTING, TRAVEL, AND PRE-SHIFT ACTIVITIES ARE COMPENSABLE UNDER THE FLSA
On July 22, 2026, the U.S. Department of Labor's Wage and Hour Division ("DOL") issued two opinion letters addressing when commuting, travel, and pre-shift activities are compensable under the Fair Labor Standards Act (FLSA). Opinion Letter… Michigan Housing Opportunity Tax Credit Updates
Overview This past July, Governor Whitmer of Michigan signed several bills which collectively increase the available tax credit awards for affordable housing development in the state of Michigan. For the 2027-year cycle, beginning January 1, 2027,… SEC Semiannual Reporting: Record Opposition, but SEC Intends to Move Forward
In our prior Alert, we tracked the SEC’s move away from mandatory quarterly reporting: from President Trump’s 2025 call for a six-month reporting cycle, to SEC Chairman Paul Atkins’s public support, to the Commission’s May 5, 2026 formal proposal to… ILLINOIS EMPLOYERS MUST PREPARE TO PAY EMPLOYEES FOR JURY DUTY STARTING JANUARY 1, 2027
Illinois employers with more than 25 employees must pay employees their regular rate of pay for time spent on jury duty, effective January 1, 2027. The amendments to the Illinois Jury Act and Jury Commission Act were signed by Governor Pritzker on… Krieg DeVault LLP Welcomes Jacob T. Palcic to Litigation and Dispute Resolution Practice
Krieg DeVault LLP is pleased to announce that Jacob Palcic has joined the firm as a Partner in its Litigation and Dispute Resolution Practice. Jacob is a commercial litigator who represents businesses in complex disputes across a wide range of… 21st Century ROAD to Housing Act Becomes Law: Eight Provisions Bank Executives Should Know
The 21st Century ROAD to Housing Act (“Act”) became law on July 11 without President Donald Trump’s signature, after the President neither signed nor vetoed the legislation. The Act represents one of the most comprehensive federal housing packages… Krieg DeVault Financial Services Case Spotlight: IL Appellate Court Rejects “Mortgage Dies with the Note” Statute of Limitations Argument in Almost 20-Year-Old Foreclosure Action
In Bank of New York Mellon v. Bartelstein, 2026 IL App (1st) 242136, the First District Appellate Court addressed a question that had become increasingly important in long-running Illinois foreclosure cases: what happens when a borrower argues that… |
© 2026 Krieg DeVault LLP. All Rights Reserved.