by Robert J. Saalfeld | Feb 20, 2014 | Business & Taxation, Employee Benefits & Executive Compensation
By Randy Cook & Christine Moehl IRS rules state that qualified retirement plans (e.g., 401(k) plans, defined benefit plans, etc.) must be updated periodically to reflect legislative and regulatory changes. Historically, retirement plan amendments were required...
by Robert J. Saalfeld | Feb 20, 2014 | Business & Taxation
by Douglas Alexander For many business owners, the culmination of a lifetime of building a successful business is its sale. For many aspiring business owners, the first step is to acquire an already successful business, with plans to continue to grow and expand it as...
by Robert J. Saalfeld | Feb 19, 2014 | Business & Taxation, Employment Law
Recently, the Oregon Supreme Court issued an opinion that may have an impact on wage claims for anybody who purchases a business in Oregon. In an opinion written by Justice Walters, the Court decided what a “successor to the business” means when the Oregon Bureau of...
by Robert J. Saalfeld | Feb 5, 2014 | Business & Taxation, Creditors’ Rights & Bankruptcy, Financial Services, Lawyers, Litigation, News
The Washington Court of Appeals decided Washington Federal Savings and Loan Association v. The McNaughton Group, et al, on February 3, 2014, which held Washington Federal’s line of credit instrument did not encumber monies owed under a certain “latecomer agreement.”...
by Robert J. Saalfeld | Jan 21, 2014 | Business & Taxation, Construction, Lawyers, Litigation, News
Last month, Saalfeld Griggs’ land use attorneys scored a big win for their client in the City of Salem’s approval of ordinance 2013-04-SM. This ordinance paves the way for the next phase of the Bella Cresta Subdivision to move forward with development. Mark...
by Robert J. Saalfeld | Jan 2, 2014 | Business & Taxation, Creditors’ Rights & Bankruptcy, Financial Services, News
Evergreen International Airlines Inc., a provider of air freight and transport services, sought bankruptcy protection yesterday two weeks after creditors asked a court to force the company to pay off its debt through involuntary bankruptcy, Bloomberg News reported...