Articles

Adams and Engel: Planning considerations for IRC Section 1031 exchanges

Many commercial real estate owners, even those who previously did not intend to sell, are considering selling their real estate to take advantage of current market conditions. With transactions seemingly becoming quicker each year, it is important for owners to consider many factors when preparing to sell their real estate, including executing an Internal Revenue Code (IRC) Section 1031 exchange.

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Indianapolis lawyers hosting ‘Call to Action’ for racial equality

As demonstrations and calls for criminal justice reform continue nationwide, a group of Indianapolis lawyers have organized a “Call to Action” to highlight the role lawyers can play in the push for racial equality. The new organization Indy Lawyers for Black Lives will host a Juneteenth event Friday at IU McKinney School of Law.

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Ex-partners, Krieg DeVault settle compensation lawsuit

Three former Krieg DeVault LLP partners who sued the firm alleging they were denied compensation when they moved to new firms — and then faced a countersuit from their former employer — have confidentially settled the litigation, court records show.

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Messaglia named managing partner at Krieg DeVault

Michael Messaglia has been tapped to be the managing partner of Krieg DeVault LLP, where he began his legal career as an associate in 1993. He succeeds Deborah Daniels, who will remain with the firm as a partner. Daniels had served as managing partner since 2015.

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Judge: Krieg DeVault owes ex-partners who sued over compensation

A major Indianapolis law firm must pay three departed partners who sued, a judge has ruled, but it will be up to a judge or jury to determine whether paying the former employees would create a “substantial and material adverse effect” for the law firm partnership, as it has claimed in the case.

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