by Andrea Goicochea | Apr 25, 2022 | 2022, Banking, COVID-19, Creditors’ Rights & Bankruptcy, Financial Services, Food for thought, Lawyers, News
by Erich Paetsch, Chair, Financial Services Industry Group At the outset of the Covid-19 pandemic, public health measures designed to save lives also dramatically impacted the economy. Concerned about the unprecedented economic impact of public health measures,...
by Courtney Bloedorn | Apr 7, 2020 | 2020, Banking, Business, Company, COVID-19, Credit, Creditors’ Rights & Bankruptcy, Financial Services, Lawyers, News
By Litigation Practice Group On April 1, 2020, and as part of the federal government’s response to the COVID-19 pandemic, the Consumer Financial Protection Bureau (“CFPB”) issued a policy statement (“Statement”) to guide lenders and credit reporting agencies as to...
by Jeremy Rickson | Jul 14, 2015 | Banking, Creditors’ Rights & Bankruptcy, Litigation, News
In a suit for judicial foreclosure, a plaintiff has the option of asking the court for a money award against a debtor. After amendments to the Oregon statutes dealing with judicial foreclosure from 2003 to 2007, some circuit courts began interpreting these provisions...
by Jeremy Rickson | Jun 10, 2015 | Banking, Creditors’ Rights & Bankruptcy, Financial Services, Litigation, News
A recent Supreme Court case considered whether, in a Chapter 7 bankruptcy proceeding, a junior mortgage may be voided when the senior mortgage amount exceeds the value of the property. For lenders, this means that if you hold a mortgage that is second in line to the...
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...
