by Jeremy Rickson | Jun 5, 2015 | Creditors’ Rights & Bankruptcy, Financial Services, News
by Hunter Emerick The Construction and Litigation Groups at Saalfeld Griggs PC recently obtained a favorable ruling from the Oregon Court of Appeals. The ruling imposed a judgment against a surety company for a substantial award in favor of our client. The judgment...
by Jeremy Rickson | Jun 3, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
Bankruptcy courts have a seemingly obvious purpose—to settle bankruptcy claims. However, bankruptcy courts may also hear and decide matters that would traditionally be argued in a federal district court if those matters are related to the bankruptcy proceeding and the...
by Jeremy Rickson | May 29, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
During a Chapter 13 bankruptcy proceeding, a trustee collects a portion of a debtor’s wages for distribution to creditors according to a court-approved payment plan. At any time, a debtor may convert his Chapter 13 proceeding into a Chapter 7 proceeding, during which...
by Jeremy Rickson | May 29, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News, Real Property & Land Use
As an update to our blog post of November 25, 2014 (below), the United States District Court for the District of Oregon recently changed course with regard to property surrendered in bankruptcy, vacating and remanding In re Watt. Judge Ann Aiken recognized the lack of...
by Jeremy Rickson | Feb 17, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, News
The Foreclosure Relief and Extension for Service Members Act of 2014 provides that if a mortgage was obtained before a service member was an active duty member of the military, then they are protected from foreclosure for a period of time upon return from active...
by Jeremy Rickson | Feb 17, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
For Lenders who maintain perfected security interests in collateral and their counsel, the Second Circuit’s recent decision In Re Motors Liquidation Company, et al. will go down in history as a middle of the night sweat inducing source of anxiety. The characters and...