May 18, 2020 | 2020, Banking, COVID-19, Credit, Creditors’ Rights & Bankruptcy, Employers, Financial Services
By Erich Paetsch, Attorney in the Creditors’ Rights & Bankruptcy and Litigation Practice Groups In response to the COVID-19 pandemic that is drastically impacting the United States we know, many lenders significantly increased loan loss...
May 18, 2020 | 2020, Banking, COVID-19, Creditors’ Rights & Bankruptcy, Employers, Financial Services
This article was originally published in the Oregon State Bar Debtor Creditor Newsletter in the Spring of 2020. By Erich Paetsch, Attorney in the Creditors’ Rights & Bankruptcy and Litigation Practice Groups The Coronavirus, Aid, Relief, and Economic...
May 11, 2020 | 2020, Banking, COVID-19, Credit, Creditors’ Rights & Bankruptcy, Financial Services
By Shannon Raye Martinez, Attorney in the Creditor’s Rights & Bankruptcy and Litigation Practice Groups On May 6, 2020, the Consumer Financial Protection Bureau (CFPB) published a policy statement answering three questions relating to the Paycheck...
May 7, 2020 | 2020, COVID-19, Estate Planning & Probate, Events
By Jeffrey G. Moore, Attorney in the Estate Planning & Probate Practice Group These are curious times. The COVID-19 has adversely affected almost everyone in one way or another. Those who have been financially affected and who own an Individual Retirement...
May 6, 2020 | 2020, Business, Business & Taxation, Company, COVID-19, News, Taxation
By Caleb Williams, Attorney in the Business & Taxation Law Practice Group On May 5, 2020, the Department of Treasury updated the PPP Frequently Asked Questions to announce it was extending the safe-harbor deadline for repayment of unneeded PPP loan proceeds to...
May 6, 2020 | 2020, Banking, Business, COVID-19, Credit, Creditors’ Rights & Bankruptcy, Financial Services, News
By Litigation Practice Group On April 30, 2020, Oregon’s Department of Consumer and Business Services (“DCBS”) published Bulletin No. DFR 2020-2014 (the “Bulletin”) to provide guidance to Oregon-regulated collection agencies and debt purchasers to actively help...
Apr 29, 2020 | 2020, Business, COVID-19, Events, Food for thought, Lawyers, News
By Douglas Alexander, Attorney in the Business & Taxation Law Practice Group, and David Briggs, Attorney in the Employment Law and Litigation Practice Groups It seems like each day there is a new twist is issues related to damages being suffered by service...
Apr 28, 2020 | 2020, Business, COVID-19, Credit, Creditors’ Rights & Bankruptcy, Events, Financial Services, Insurance, News
By Litigation Practice Group Earlier this month, we wrote about Oregon’s Department of Consumer and Business Services (“DCBS”)’s order (“Order”) suspending all cancellations and non-renewals in place as the date of the Order. The Order applies to all types of...
Apr 27, 2020 | 2020, Business, Business & Taxation, Company, COVID-19, News, Taxation
By Caleb Williams, Attorney in the Business & Taxation Law Practice Group Congress has approved additional funding for the Paycheck Protection loan program for small businesses. The action allocates an additional $310 billion to the program. The CARES Act, which...
Apr 27, 2020 | 2020, Business, Business & Taxation, Company, COVID-19, News, Taxation
By Business & Taxation Law Practice Group The first quarterly payment for Oregon’s new Corporate Activity Tax (CAT) is due by April 30, 2020. If you anticipate that your business may have a CAT liability of more than $5,000 for the calendar year, your business...