When selling a business, careful planning of the structure of a transaction can result in significant tax savings for the seller without increasing the costs to the buyer. As one option, owners of a closely held business should explore the potential…
1. Primary Election - Congressional Races
In the 1st Congressional District, incumbent Freshman Democratic Congressman Frank Mrvan, Jr. beat a primary challenge and will now face Jennifer-Ruth Green in the general election. Green…
Krieg DeVault Senior Associate, Micah J. Nichols, provides why it's important for young professionals and families to consider an estate plan.
In every business, the point in time will come when owners would like to retire or perhaps enter into a new line of work, and selling your business makes the most sense. This decision is not easy to make, as you will need to consider several key…
Krieg DeVault is pleased to announce that Partner and Chair of the firm’s Litigation and Dispute Resolution Practice, Libby Yin Goodknight, has been selected into the 2022 Class of Distinguished Fellows of the Indianapolis Bar Foundation. Ms.…
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.
