by Jeremy Rickson | Jan 13, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
Proposed CFPB Rule Changes: Clarifications, Additional Requirements, and where Small Loan Servicers Fit The Consumer Finance Protection Bureau (“the Bureau”) has proposed new regulations to clarify a number of issues that the Bureau felt remain unresolved under...
by Jeremy Rickson | Dec 8, 2014 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, News, Real Property & Land Use
In Lyons v. US Bank and NWTS, the Washington State Supreme Court found that a trustee can be liable for damages suffered by a debtor under the Consumer Protection Act even without a property having reached sale. The title of trustee is one that should be borne with...
by Jeremy Rickson | Nov 25, 2014 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News, Real Property & Land Use
Financial Services clients are in for a surprise if they read In Re Watt from the US Bankruptcy Court for the District of Oregon stating that, without consent, banks own property surrendered in bankruptcy. The court wrote that USC 1322(b)(9) does not restrict a court...
by Jeremy Rickson | Nov 7, 2014 | Construction, Creditors’ Rights & Bankruptcy, Dental, Employment Law, Financial Services, Health Law, Litigation, News, Winery/Vineyard/Brewery
In the waning days of the election, we were asked by employers, from an employment law perspective, what the passage of Measure 91, which legalizes recreational marijuana use in Oregon, would mean for their business and their drug policies. With Tuesday night’s...
by Robert J. Saalfeld | Apr 25, 2014 | Banking, Business & Taxation, Creditors’ Rights & Bankruptcy, Financial Services, Lawyers, Litigation, News
The Oregon Court of Appeals recently affirmed that a secured creditor can choose their remedy, such as a forbearance agreement, without waiving their right to priority in the borrower’s collateral. In Davis v. F.W. Financial Services, a lender extended credit to an...
by Robert J. Saalfeld | Feb 24, 2014 | Banking, Business & Taxation, Creditors’ Rights & Bankruptcy, Financial Services, News
In 2013, the Legislature adopted changes to the Oregon Bank Act (ORS chapters 706 to 716) which requires the Director of the Department of Consumer and Business Services to set the frequency of board meetings by rule. The proposed rulemaking activity sets the minimum...
