United States Senator Elizabeth Warren (D-Mass.) and United States Representative Mondaire Jones (D-N.Y.) have introduced legislation to prevent what, in their view, prohibits industry consolidations that are anticompetitive or are “bad” for…
Private equity (PE) health care transactions continue to capture the attention of many in the industry. Whether viewed as an opportunity to grow, stabilize, or exit a business, owners feel compelled--even obligated--to explore PE alternatives before…
Last week, the Indiana Court of Appeals affirmed lower court decisions to allow separate class action lawsuits filed against Indiana University and Purdue University to move forward. The lawsuits, one against Indiana University and two against…
1. Legislative Vetoes and Technical Corrections Day
Governor Holcomb has vetoed two bills out of the 177 bills that were sent to his desk by the Indiana General Assembly: HEA 1211 and HEA 1041. HEA 1211 was a bill that originally dealt…
The world’s most popular contractual benchmark rate, the London Interbank Offered Rate or “LIBOR,” is being discontinued. Many LIBOR-based contracts contain inadequate provisions, or none at all, to deal with the discontinuation of LIBOR…
Running a family business can be all-consuming, but it is vital for owners to take time to develop and implement a succession plan for death, retirement, or incapacity. Failing to plan for ownership change could affect the long-term survival of the…
In this podcast Mergers & Acquisitions specialists, Brian M. Heaton and Robert A. Greising, provide an overview of our Business Services practice group and include a detailed discussion on the current mergers & acquisitions market.
Until recently, members of a governing body could meet electronically with few limitations, such as attendance of a quorum, the public’s ability to simultaneously attend and observe the meeting, the inclusion of certain information in the meeting’s…
Recent guidance indicates that some confusion may be running rampant in Board rooms about who gets invited to their meetings. This question surfaces when advising clients on governance issues associated with new entities, transforming entities, and…
Since his appointment on October 12, 2021, Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) Director Rohit Chopra has embarked on an aggressive campaign to identify and punish discriminatory practices in the financial services industry.…
Krieg DeVault is pleased to announce that Partner Libby Yin Goodknight has recently been named to the Board of Directors of the Indianapolis Legal Aid Society (“ILAS”). Ms. Goodknight currently serves as Chair of the firm’s Litigation & Dispute…
The first step in most medical practice or health facility sale discussions (including those with private equity) is the negotiation and execution of a Non-Disclosure Agreement, also commonly referred to as an NDA or Confidentiality Agreement. An…
