Sound Counsel. Smart Business.
By Randy Cook, Partner, Saalfeld Griggs PC A major component to any successful financial services employer is its ability to attract and retain key employees. Studies indicate that an employer’s retirement program is high on the list of factors considered by key employees when choosing an employer, second only to current compensation. With creative planning, …
SHRMA March 2015 Legislative Report CLICK HERE TO VIEW THE REPORT The first significant deadline of the 2015 Oregon State Legislative Session has come and gone. Members and committees had to submit drafts of measures for introduction to the Senate and House desks no later than February 25, 2015. With this major deadline behind us, …
By Employee Benefits & Executive Compensation Practice Group This article is intended to help plan sponsors understand the difference between retirement plan fidelity bonds and fiduciary liability insurance. Retirement Plan Fidelity Bonds The Employee Retirement Income Security Act of 1974 (“ERISA”) generally requires all retirement plans to be covered by a fidelity bond. These bonds, …
By Litigation Practice Group The Oregon Supreme Court recently delivered an opinion that may well affect how much you pay to ski the slopes of your favorite mountain this season. But that may not be the extent of the decision’s impact. In Bagley v. Mt. Bachelor, Inc., the Court held that enforcement of a ski …
By Caleb A. Williams In a recent edition of Business Briefs we discussed crowdfunding and the opportunity to use such an investment vehicle for real estate development. Recent events in Oregon require that we return to the topic of crowdfunding. “Crowdfunding” is used to describe several different forms of raising capital, including advance sales of …
By Jeff Moore If you are in the throes of tying the knot, there may be a few important estate planning ramifications for which your wedding planner failed to prep you. For example, marriage actually revokes your current Will in its entirety. In addition, marriage effectively designates your new spouse as the new beneficiary on …
By Erich M. Paetsch In 2013, an estimated 15 percent of Oregonians were 65 or older. By 2030, it is estimated that more than 20 percent of Oregonians will be 65 or older. Given the growing population of Oregonians 65 years or older, greater legislative and judicial attention has been placed on the needs of …
The Foreclosure Relief and Extension for Service Members Act of 2014 provides that if a mortgage was obtained before a service member was an active duty member of the military, then they are protected from foreclosure for a period of time upon return from active duty. The amount of time that a service member is …
For Lenders who maintain perfected security interests in collateral and their counsel, the Second Circuit’s recent decision In Re Motors Liquidation Company, et al. will go down in history as a middle of the night sweat inducing source of anxiety. The characters and documents involved are common players in the financial industry: JP Morgan Chase Bank, …
SHRMA 2015 Legislative Report CLICK HERE TO VIEW THE REPORT Oregon’s 78th Legislative Assembly convened on February 2, 2015. There are a significant number of employment related bills proposed for the 2015 session, including hotly contested topics such as statewide paid sick leave, new protected leaves, and incremental increases to Oregon’s minimum wage. With expanded …