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…
22 attorneys from Krieg DeVault were named to the Indiana Super Lawyers listing for 2016. The firm had an additional 8 attorneys named to the Indiana and Illinois Rising Stars list which is designated for attorneys under the age of 40 or attorneys…
The law firm of Krieg DeVault is proud to announce that Partner and Business, Acquisitions, and Securities Practice Group Chair Brian M. Heaton has been named to BTI Consulting Group’s (“BTI”) prestigious Client Service All-Stars 2016 Listing.
The Consumer Financial Protection Bureau (the “CFPB,” or the “Bureau”) continuing its focus on the auto finance industry, recently announced a Consent Order (available by clicking here), with a small Buy Here Pay Here (“BHPH”) auto dealer called…
Question 1: We have customers who winter in Florida and Arizona. We also have customers who live across the state line in Illinois and Michigan. Can we honor a power of attorney (POA) that was signed in another state, or does the POA paperwork have…
On January 28, 2016, the Senate Judiciary Committee passed out the DTSA; however, Congress will still have to enact the DTSA to make it law. The primary purpose of the DTSA is to provide trade secret owners the option of filing a civil claim for…
As seen in the January 2016 issue of the Indiana Banker Association's Hoosier Banker.
Question 1: Indiana law provides for a $50 loan origination fee that is earned at closing; however, if that amount is financed into the principal loan amount,…
Krieg DeVault is pleased to announce that Partner David E. Corbitt, Governmental Services Department Chair and member of the firm’s Business, Public Finance and Governmental Affairs Practice Groups, has been selected by Mayor Joe Hogsett as one of…
By way of Notice 2016-4, issued on December 28, 2015, the IRS has extended the deadlines for the information reporting for 2015 related to mandates of the Patient Protection and Affordable Care Act, as amended ("ACA"), that affect employers…
On December 16, 2015, President Obama signed into law the CYBERSECURITY ACT OF 2015. This Act covers several areas, including information sharing, advancement of national cybersecurity, national cybersecurity workforce assessment, and other cyber…
Krieg DeVault is pleased to announce the law firm will serve as an exclusive sponsor, in partnership with the Indiana Historical Society, of the 2016 Indiana Bicentennial Minute campaign. A media campaign voiced by Hoosier native and broadcast icon…
