by Jeremy Rickson | Jun 8, 2017 | Banking, Financial Services, Litigation, News
By Litigation Practice Group It has been a busy day in Washington, D.C. Among the many goings-on in the nation’s capital, the U.S. House of Representatives passed the Financial CHOICE Act (“CHOICE Act”) by a 233–186 vote. The CHOICE Act amends and/or eliminates many...
by Christy Hill | May 16, 2017 | Employment Law, Litigation, News
By Employment Law & Litigation Practice Group On April 20, 2017, Richard Cordray, the director of the Consumer Financial Protection Bureau (“CFPB”), announced that the CFPB was filing suit against the mortgage servicer Ocwen Financial Corporation (“Ocwen”)....
by Christy Hill | May 9, 2017 | Employment Law, Litigation, News
By Randall Sutton The U.S. House of Representatives passed a bill last week that would amend the Fair Labor Standards Act (FLSA) to allow private-sector employers to give their hourly and salaried nonexempt employees the option of receiving paid time off in lieu of...
by Jeremy Rickson | May 8, 2017 | Employee Benefits & Executive Compensation, News
By Randy Cook & Christine Moehl Employee Benefits & Executive Compensation On April 18, 2017, the Oregon Retirement Savings Board issued final regulations that will launch the “OregonSaves” Retirement Program (the “Program”) enacted by the Oregon Legislature...
by Christy Hill | Mar 13, 2017 | Agri-Business, Employment Law, News
By: Randall Sutton As we have previously reported to you here, BOLI has recently taken the position that during weeks where a manufacturing employee earns both daily and weekly overtime, the two overtime rates are added together to essentially pay the employee...
by Jeremy Rickson | Mar 8, 2017 | Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
By: Creditor’s Rights & Bankruptcy Practice Group Last month, the Oregon Court of Appeals held in Nationstar Mortgage, LLC v. Niday that when one party “is in possession of [a] promissory note indorsed in blank and [the other party] is in default of [its]...