On April 11 and April 27, 2016, the Senate and House passed respectively the Defend Trade Secrets Act of 2016 (DTSA). The President indicated he will sign DTSA into law. The DTSA provides a federal civil cause of action for trade secret…
The Consumer Financial Protection Bureau (the “CFPB” or the “Bureau”) released their long anticipated Proposed Rule on Arbitration late last week (the “Proposed Rule” or the “Rule”), significantly limiting the use of pre-dispute arbitration…
We received several questions about the Compliance Connection article that appeared in a recent edition of the Hoosier Banker, 1 providing guidance on the new TILARESPA Integrated Disclosure (TRID) requirements2 that took effect Oct. 3, 2015, with…
Krieg DeVault is pleased to announce that Robert A. Greising, one of its Partners in the firm’s Business, Acquisitions, and Securities Practice group, recently received the 2016 Visionary Leadership Award from the Indiana Chapter of the Association…
Partners William R. Neale and Robert A. Greising were featured in the Indiana Lawyer providing legal insight regarding the cancellation of a $1.3 billion welfare services contract between the state of Indiana and IBM, while working in close quarters…
Financial Institutions with less than $1 Billion in Assets Exempt; Financial Institutions with less than $50 Billion in Assets Subject to Less Restrictive Provisions
The National Credit Union Association (the “NCUA”), recently released a draft of…
As seen in the April 2016 issue of the Indiana Banker Association's Hoosier Banker.
Treasury management agreements often remind me of the Winchester Mystery House.
The Winchester Mystery House is a beautiful, sprawling and bizarre Victorian…
As seen in the April 2016 issue of the Indiana Banker Association's Hoosier Banker.
Question: We have experienced several losses in recent months through check fraud. While we have been working with local law enforcement to identify the guilty…
David E. Corbitt, a Partner in the firm’s Business, Public Finance and Governmental Affairs Practice Groups, has joined the Indiana Sports Corporation (ISC) Board. Previously, Mr. Corbitt served on the President’s Council for the ISC.
The ISC is a…
Krieg DeVault has been named by BTI Consulting Group (“BTI”) as a 2016 Brand Elite law firm. BTI’s ratings are based on client perceptions of the best-branded law firms. BTI conducted approximately 639 in-depth interviews with general counsel and…
As seen in the March 2016 issue of the Indiana Banker Association's Hoosier Banker.
Question: When a customer pays off a home equity line of credit, how quickly do we have to release the mortgage? Can we require the customer to provide written…
The Indiana Court of Appeals recently reaffirmed that purchase money mortgages enjoy priority over other types of nongovernmental liens on real property. In Amici Resources, LLC v. The Alan D. Nelson Living Trust, (January 19, 2016), the Court of…
