Ms. Baird advises clients who are involved in creditor/debtor disputes, and often participates in bankruptcy proceedings, foreclosure proceedings, receivership proceedings and other collection matters. She chairs the firm's Creditors' Rights/Bankruptcy Practice. Ms. Baird primarily works with creditors, however, she advises both individual and institutional creditors and also represents receivers. In the area of litigation, Ms. Baird assists clients in various types of civil litigation depending on the needs of the particular client. Ms. Baird's litigation experience ranges from small litigation matters to class action litigation and includes topics such as overdraft litigation, lender liability claims, FDCPA litigation and shareholder disputes. Ms. Baird has assisted a wide array of clients in such litigation, including individuals, institutional clients, and nationally known corporations. In addition to work in Creditors' Rights and Litigation, Ms. Baird also has experience in transactions involving commercial law and experience in rendering non-consolidation opinions and true sale opinions for lending transactions. Ms. Baird has also testified before the Indiana legislature with regards to legislation which affects financial institutions and collaborated in the drafting of such legislation.
Ms. Baird has a vast array of employment experience which helps her understand the needs of her clients. Ms. Baird's experience ranges from working for a small family owned business to working for large national corporations. Ms. Baird's experience as a law clerk in the civil court arena also helps her assist clients. Also, Ms. Baird gained significant experience while working as a Summer Associate with Krieg DeVault in the Summer of 2008.
Representative Experience
- Represented financial institution in class action overdraft litigation in the matter entitled Old National Bank v. Steven Kelly, et al., 31 N.E.3d 522 (Ind. Ct. App. 2014)
- Represented several landlords in In re Marsh Supermarket Holdings, LLC, Case No. 17-11066 (Bankr. S.D. Ind.)
- Represented several landlords in In re ITT Educational Services, Inc., Case No. 16-07207 (Bankr. S.D. Ind.)
- Represented several landlords in In re hhGregg, Inc., et. al., Case No. 17-01302 (Bankr. S.D. Ind.).
- Represented secured creditor foreclosure dispute in LaPlace Indiana, LLC, et. al. v. Lakeland West Capital XXIV, LLC, Cause No. 49A02-1612-MF-02902 (Ind. Ct. App. 2018).
- Represented CCRC facility in Indiana Family and Social Services Administration v. Trilogy Health Services, LLC, Cause No. 49A05-1207-PL-358 (Ind. Ct. App. 2013)
- Represented largest unsecured creditor in In re Ellis, Case No. 10–16998–AJM–7A (Bankr. S.D. Ind., Indianapolis Div.), reported at 2011 WL 5147551 (October 27, 2011)
- Assisted in the representation of various regional banking institutions, corporations, and individuals in order to help resolve creditor/debtor disputes in state court as well as bankruptcy court;
- Assisted in the representation of regional banking institutions in litigation brought against such institutions (including class action litigation);
- Assisted in the representation of clients in commercial transactions governed by the Indiana Uniform Commercial Code;
- Assisted in the representation of a national corporation in CERCLA litigation; and
- Assisted in the representation of a PRP Group as the Trustee at a CERCLA site.
Professional Associations
- Former Central States Bankruptcy Workshop Board Member, American Bankruptcy Institute
- Former President of Commercial and Bankruptcy Law Section, Indianapolis Bar Association
- Former Member, Sagamore Inn of Court
- Former Member, Indiana State Bar Association
- Former Member, Indiana Association for Corporate Renewal
Civic Involvement
- Board Member, Shelbyville Central Education Foundation
Awards & Recognitions
- Indiana Super Lawyers Rising Stars, 2016-2019
- Order of the Barristers, Robert H. Staton Intramural Moot Court Competition, Indiana University School of Law - Indianapolis
Seminars & Presentations
- Presenter, “Red Flags, Remedies of Problem Loans”, Risk Management Association Commercial Lending School, July 2024
- Presenter, "Developments facing receiverships and related issues in the creditors' rights area," IndyBar, October 11, 2022
Publications
- Co-Author, "New Indiana Law Will Clarify How Financial Institutions May Make Changes to Deposit Account Agreements", March 13, 2024
- Author, "Your Customer is Heading Towards Bankruptcy, What Should You Do Now?" June 23, 2022
- Co-Author, "Indiana Financial Institutions Continue to be Targeted in Class Action Overdrafts and NSF Lawsuits," February 3, 2021
- Co-Author, "A Hospital's Bankruptcy Filing Dramatically Changes the Equation for Medical Powers," June 8, 2020
Education
- J.D., cum laude, Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2009
-
B.S. in Accounting and Finance, High Distinction, Indiana University, Indianapolis, Indiana, 2006
- Kelley School of Business
Bar & Court Admissions
- Indiana, 2009
- U.S. District Court for the Northern District of Indiana, 2009
- U.S. District Court for the Southern District of Indiana, 2009
Practices
Industries
Beekeeping
Hiking
Travel
Financial Services
New Indiana Law Will Clarify How Financial Institutions May Make Changes to Deposit Account Agreements
March 13, 2024
Financial Services
Your Customer Is Heading Towards Bankruptcy, What Should You Do Now?
June 23, 2022
Litigation
Indiana Financial Institutions Continue to be Targeted in Class Action Overdraft and NSF Lawsuits
February 3, 2021
Secured Lender
A Hospital's Bankruptcy Filing Dramatically Changes the Equation for Medical Providers
June 8, 2020
Thought Leadership
New Wave of Overdraft Fee Class Action Suits Targets Indiana Financial Institutions
September 22, 2019
Firm News and Events
Senior Associate Alex Bowman Selected as a Michiana Forty under 40 Award Recipient
April 16, 2024
Financial Services
U.S. Treasury Issues Report on Artificial Intelligence on Specific Cybersecurity Risks in the Financial Services Sector
April 4, 2024
Estate Planning & Personal Services
Putting the PURPOSE in a Trust: Using a Purpose Trust in a Business Succession Plan
February 27, 2024
Business
Impact of AI in the M & A Sector: Key Advantages, Challenges, and Considerations
February 23, 2024
Estate Planning & Personal Services
Higher Estate and Gift Tax Exemptions for 2024...But How Long Will This Last?
January 2, 2024
Firm News and Events
Marija Nicksic Joins Krieg DeVault’s Commercial Real Estate and Lending Practice
December 20, 2023
Financial Services
California Commercial Lenders Beware: UDAAP Doesn’t Only Apply to Consumer Lending Anymore
October 9, 2023
Business
Is Your Business Ready? Preparing for and Complying with the Corporate Transparency Act
August 31, 2023
Firm News and Events
Frank A. Hoffman Joins Krieg DeVault’s Public Finance and Municipal Practice
July 31, 2023
Firm News and Events
Michael D. Zaradich Joins Krieg DeVault's Commercial & Real Estate Lending Practice
June 1, 2023
Litigation
Indiana Supreme Court Limits the Ability of Indiana Financial Institutions to Amend Account Agreements
March 23, 2023
Financial Services
State and Federal Policy on ESG Issues Creates Tensions for Financial Institutions
January 25, 2023
Firm News and Events
Krieg DeVault Announces 2023 Partner Promotions of Sarah E. Jones, Micah J. Nichols, and Ann Marie Woolwine
January 1, 2023
Firm News and Events
Krieg DeVault Adds Associates Andrew N. Warner, Katelyn E. Doering, Alexus D. Lucas, and Michael J. Moser
November 1, 2022
Firm News and Events
Krieg DeVault Expands Chicago Office with Financial Services Partners Laurie A. Martin Montplaisir and Parker E. Lawton
October 17, 2022
Financial Services
CFPB Announces Consent Order with Bank for "Authorized-Positive Overdraft Transactions"
September 29, 2022
Firm News and Events
Jeffrey L. Ledbetter Joins Krieg DeVault’s Financial Institutions Practice
September 27, 2022
Financial Services
Recent Developments in Fair Lending Discrimination as a UDAAP Violation and Algorithmic Redlining
June 2, 2022
Financial Services
Indiana’s Newly Passed LIBOR Legislation Immediately Preempted by Federal Counterpart
March 31, 2022
Financial Services
CFPB Significantly Expands UDAAP Authority to Address Discrimination
March 21, 2022
Firm News and Events
Patrick Fagan Joins Krieg DeVault’s Commercial and Real Estate Lending Practice
February 28, 2022
Firm News and Events
Julie A. Johnsten and Crystal L. Stallworth Join Krieg DeVault as Paralegals
February 1, 2022
Secured Lender
Commercial Real Estate and Tenant Estoppel Certificates: Enforcement by Illinois Courts
July 16, 2021
Secured Lender
Secure and Fair Enforcement (SAFE) Banking Act Passes U.S. House…Again
April 20, 2021
Firm News and Events
Krieg DeVault's Kay Dee Baird Elected Chair of the Indianapolis Bar Association's Commercial Law & Bankruptcy Section for 2021
January 1, 2021
Secured Lender
CFPB Issues Finalized Changes To Regulation F To Implement The Fair Debt Collection Practices Act
December 16, 2020
Secured Lender
Indiana Supreme Court Further Extends Partial Protection of CARES Act Recovery Rebates
November 12, 2020
Secured Lender
IRS Instructs Lenders not to File Form 1099-C for Forgiveness of Paycheck Protection Program Loans
October 1, 2020
Secured Lender
Moratorium on Indiana Residential Foreclosures and Evictions Extended Through August 14, 2020
July 31, 2020
Secured Lender
Reminder: Post-Judgment Interest on Indiana State-Court Judgments Tolled Until August 15, 2020
July 14, 2020
Secured Lender
Seventh Circuit Court of Appeals Reaffirms the Necessity of Adhering to the Bankruptcy Code Text
July 14, 2020
Financial Services
US Supreme Court Rules Structure of the CFPB Unconstitutional, Preserves Bureau's Authority to Operate
June 30, 2020
Secured Lender
A Bankruptcy Court Weighs In: Do Force Majeure Clauses Excuse Commercial Tenants from Paying Rent?
June 23, 2020
Secured Lender
Eviction and Foreclosure Moratoriums Extended to August 31, 2020 for Federally-Backed Mortgages
June 17, 2020
Secured Lender
Changes are Coming to the Indiana Consumer Credit Code - Are you Ready?
June 15, 2020
Secured Lender
TILA and the Right of Rescission: Illinois Adopts One-Year Limitation Period
June 10, 2020
Financial Services
OCC Issues Advance Notice of Proposed Rulemaking Regarding Digital Banking Activities
June 8, 2020
Secured Lender
Indiana Supreme Court Extends Partial Protection of CARES Act Recovery Rebates
May 31, 2020
Secured Lender
Illinois Eviction Moratorium: Relief Extended to Non-Residential Tenants
April 28, 2020
Secured Lender
COVID-19 and Supplemental Proceedings: Illinois Supreme Court Provides Guidance
April 28, 2020
Secured Lender
COVID-19 and the Mortgage Industry: Embracing the Virus on the Legislative and Regulatory Front
April 26, 2020
Financial Services
Paycheck Protection Program and Health Care Enhancement Act Update
April 21, 2020
Secured Lender
Indiana Supreme Court Orders Partial Protection of CARES Act Recovery Rebates Payments
April 20, 2020
Financial Services
Interagency Statement on Loan Modifications and Reporting for Financial Institutions
April 14, 2020
Financial Services
The CARES Act: Provisions Directly Affecting Financial Institutions
March 26, 2020
Financial Services
A Message from Krieg DeVault LLP's Creditors' Rights and Bankruptcy Practice Group on Our Response to the Coronavirus COVID-19 Pandemic
March 23, 2020
Financial Services
NCUA Issues Proposed Rule Allowing Some Credit Unions to Issue Subordinated Debt
January 26, 2020
Firm News and Events
Krieg DeVault Authors Indiana Chapter of The Secured Finance Network Compendium of Secured Finance Law
September 25, 2019
Thought Leadership
Agencies Adopt Final Rule Excluding Community Banks from Volcker Rule
July 11, 2019
Thought Leadership
Is Your Organization in Compliance With IRS Rules on Employer Identification Numbers?
April 29, 2019
Firm News and Events
Maria M. Vladimirova Joins Krieg DeVault's Financial Institutions Practice Group
March 7, 2019
Thought Leadership
Indiana Court Upholds Department of Financial Institutions Ruling on Auto Dealer Electronic Titling Fees
November 1, 2018
Thought Leadership
Indiana DFI Issues Advisory Letter Reinforcing Position on Dealer Convenience Fees
June 7, 2018
Thought Leadership
President Trump Signs Dodd-Frank Reform Into Law Providing Regulatory Relief to Community Banks
May 29, 2018
Thought Leadership
Court Determines Debtor's Correct Name on Driver's License for UCC-1 Financing Statement
March 5, 2018
Thought Leadership
Is Your Website Compliant with the Americans With Disabilities Act?
February 21, 2018
Firm News and Events
Brett J. Ashton to Speak at the 1st American Financial Services Association Law & Compliance Symposium
January 16, 2018
Firm News and Events
Krieg DeVault Announces 10 Attorneys as 2023 Indiana Super Lawyers; 9 as 2023 Indiana Rising Stars
February 28, 2023
Secured Lender
President Signs Bankruptcy Threshold Adjustment and Technical Corrections Act of 2022
June 24, 2022
Firm News and Events
Krieg DeVault Announces 13 Attorneys as 2022 Indiana Super Lawyers; 6 as 2022 Indiana Rising Stars
February 24, 2022
Firm News and Events
Partner C. Daniel Motsinger Named a 2022 Illinois Super Lawyer; Alexander E. Porter Named a 2022 Illinois Super Lawyers Rising Star
January 31, 2022
Secured Lender
Protecting Against Insolvency Risks related to Customers and Suppliers
November 18, 2021
Secured Lender
Bankruptcy Relief Provisions Contained in Consolidated Appropriations Act, 2021
December 23, 2020
Firm News and Events
Krieg DeVault Announces 2020 Partners - Meghan M. Linvill McNab and Shannon L. Noder
January 1, 2020
Firm News and Events
Nancy J. Townsend Joins Krieg DeVault's Labor and Employment and Creditors' Rights and Bankruptcy Practice Groups
March 12, 2019
Firm News and Events
C. Daniel Motsinger named to Top 50: 2019 Indiana Super Lawyers Listing
February 21, 2019
Firm News and Events
Kay Dee Baird Elected to the Executive Committee of the Indianapolis Bar Association's Commercial and Bankruptcy Law Section
December 16, 2018
Ms. Baird advises clients who are involved in creditor/debtor disputes, and often participates in bankruptcy proceedings, foreclosure proceedings, receivership proceedings and other collection matters. She chairs the firm's Creditors' Rights/Bankruptcy Practice. Ms. Baird primarily works with creditors, however, she advises both individual and institutional creditors and also represents receivers. In the area of litigation, Ms. Baird assists clients in various types of civil litigation depending on the needs of the particular client. Ms. Baird's litigation experience ranges from small litigation matters to class action litigation and includes topics such as overdraft litigation, lender liability claims, FDCPA litigation and shareholder disputes. Ms. Baird has assisted a wide array of clients in such litigation, including individuals, institutional clients, and nationally known corporations. In addition to work in Creditors' Rights and Litigation, Ms. Baird also has experience in transactions involving commercial law and experience in rendering non-consolidation opinions and true sale opinions for lending transactions. Ms. Baird has also testified before the Indiana legislature with regards to legislation which affects financial institutions and collaborated in the drafting of such legislation.
Ms. Baird has a vast array of employment experience which helps her understand the needs of her clients. Ms. Baird's experience ranges from working for a small family owned business to working for large national corporations. Ms. Baird's experience as a law clerk in the civil court arena also helps her assist clients. Also, Ms. Baird gained significant experience while working as a Summer Associate with Krieg DeVault in the Summer of 2008.
Representative Experience
- Represented financial institution in class action overdraft litigation in the matter entitled Old National Bank v. Steven Kelly, et al., 31 N.E.3d 522 (Ind. Ct. App. 2014)
- Represented several landlords in In re Marsh Supermarket Holdings, LLC, Case No. 17-11066 (Bankr. S.D. Ind.)
- Represented several landlords in In re ITT Educational Services, Inc., Case No. 16-07207 (Bankr. S.D. Ind.)
- Represented several landlords in In re hhGregg, Inc., et. al., Case No. 17-01302 (Bankr. S.D. Ind.).
- Represented secured creditor foreclosure dispute in LaPlace Indiana, LLC, et. al. v. Lakeland West Capital XXIV, LLC, Cause No. 49A02-1612-MF-02902 (Ind. Ct. App. 2018).
- Represented CCRC facility in Indiana Family and Social Services Administration v. Trilogy Health Services, LLC, Cause No. 49A05-1207-PL-358 (Ind. Ct. App. 2013)
- Represented largest unsecured creditor in In re Ellis, Case No. 10–16998–AJM–7A (Bankr. S.D. Ind., Indianapolis Div.), reported at 2011 WL 5147551 (October 27, 2011)
- Assisted in the representation of various regional banking institutions, corporations, and individuals in order to help resolve creditor/debtor disputes in state court as well as bankruptcy court;
- Assisted in the representation of regional banking institutions in litigation brought against such institutions (including class action litigation);
- Assisted in the representation of clients in commercial transactions governed by the Indiana Uniform Commercial Code;
- Assisted in the representation of a national corporation in CERCLA litigation; and
- Assisted in the representation of a PRP Group as the Trustee at a CERCLA site.
Professional Associations
- Former Central States Bankruptcy Workshop Board Member, American Bankruptcy Institute
- Former President of Commercial and Bankruptcy Law Section, Indianapolis Bar Association
- Former Member, Sagamore Inn of Court
- Former Member, Indiana State Bar Association
- Former Member, Indiana Association for Corporate Renewal
Civic Involvement
- Board Member, Shelbyville Central Education Foundation
Awards & Recognitions
- Indiana Super Lawyers Rising Stars, 2016-2019
- Order of the Barristers, Robert H. Staton Intramural Moot Court Competition, Indiana University School of Law - Indianapolis
Seminars & Presentations
- Presenter, “Red Flags, Remedies of Problem Loans”, Risk Management Association Commercial Lending School, July 2024
- Presenter, "Developments facing receiverships and related issues in the creditors' rights area," IndyBar, October 11, 2022
Publications
- Co-Author, "New Indiana Law Will Clarify How Financial Institutions May Make Changes to Deposit Account Agreements", March 13, 2024
- Author, "Your Customer is Heading Towards Bankruptcy, What Should You Do Now?" June 23, 2022
- Co-Author, "Indiana Financial Institutions Continue to be Targeted in Class Action Overdrafts and NSF Lawsuits," February 3, 2021
- Co-Author, "A Hospital's Bankruptcy Filing Dramatically Changes the Equation for Medical Powers," June 8, 2020
Education
- J.D., cum laude, Indiana University Robert H. McKinney School of Law, Indianapolis, Indiana, 2009
-
B.S. in Accounting and Finance, High Distinction, Indiana University, Indianapolis, Indiana, 2006
- Kelley School of Business
Bar & Court Admissions
- Indiana, 2009
- U.S. District Court for the Northern District of Indiana, 2009
- U.S. District Court for the Southern District of Indiana, 2009