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...
Apr 7, 2014 | Banking, Business & Taxation, Company, Construction, Litigation, News
The Oregon Court of Appeals recently affirmed that when there is a mistake in a deed transferring real property from one party to another, the contract between the two parties, and not the deed, should be used to determine what is actually transferred. In Frontgate...
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.”...
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...
Dec 13, 2013 | Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
The Federal Financial Institutions Examination Council (FFIEC), composed of various financial regulatory agencies, issued guidance to help financial institutions with compliance and legal issues surrounding the use of social media. FFIEC suggests that financial...
Nov 8, 2013 | Company, Creditors’ Rights & Bankruptcy, Litigation, News
The Consumer Financial Protection Bureau issued a notice of proposed rulemaking to update the legal foundation surrounding consumer debt collection practices. The proposal comes at a time when 13 state attorneys general are investigating companies that buy defaulted...