by Courtney Bloedorn | Apr 7, 2020 | 2020, Banking, Business, Company, COVID-19, Credit, Creditors’ Rights & Bankruptcy, Financial Services, Lawyers, News
By Litigation Practice Group On April 1, 2020, and as part of the federal government’s response to the COVID-19 pandemic, the Consumer Financial Protection Bureau (“CFPB”) issued a policy statement (“Statement”) to guide lenders and credit reporting agencies as to...
by Courtney Bloedorn | Mar 27, 2020 | 2020, Banking, COVID-19, Creditors’ Rights & Bankruptcy, Financial Services, Lawyers, News
By Erich Paetsch, Creditors’ Rights & Bankruptcy and Litigation Attorney Summary The Coronavirus Aid, Relief, and Economic Security Act, or “CARES Act” is the third emergency bill from the United States Government in response to the Coronavirus (COVID 19)...
by Courtney Bloedorn | Mar 27, 2020 | 2020, Banking, COVID-19, Creditors’ Rights & Bankruptcy, Financial Services, Lawyers, News
By Litigation Practice Group On March 20, 2020, the Oregon Department of Consumer and Business Services (“DCBS”) published Bulletin No. DFR 2020-07 (the “Bulletin”) to provide guidance to Oregon-regulated lenders and loan servicers in extending help to borrowers...
by Courtney Bloedorn | Mar 25, 2020 | 2020, Banking, COVID-19, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
By Litigation Practice Group On March 22, 2020, and in response to the COVID-19 pandemic, Oregon Governor Kate Brown issued Executive Order No. 20-11 (the “Order”), which temporarily stops all residential evictions in the state based on the nonpayment of rent. Given...
by Jeremy Rickson | Oct 31, 2019 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation
By: Creditor’s Rights & Bankruptcy & Litigation Practice Groups In early September 2019, after about six hours of deliberation, a federal jury awarded a Portland, Oregon man $101,000 in non-economic damages against Wells Fargo Bank for violation of the...
by Jeremy Rickson | Oct 30, 2019 | Banking, Litigation, News
By Erich M. Paetsch, Creditors’ Rights & Bankruptcy and Litigation Attorney Two very different courts recently issued opinions on issues routinely impacting financial institutions. In Multnomah County, a jury considered whether a financial institution should...