Insurance giant AIG will pay $8 million to settle lawsuit over its role in causing Oregon pension fund losses Oregon Public Employees Retirement Fund filed suit to recoup losses for workers and retirees BY Oregon State Treasurer Ben Westlund, SALEM – The Oregon Public Employee Retirement Fund will recover losses […]

Board membership – an honor or a financial minefield? By Dunn, Carney, Allen, Higgins & Tongue It is often thought of as an honor to be asked to serve on boards of directors.  However, those asked may be in for a surprise when it comes to the personal liability to […]

by Dennis Westlind Stoel Rives LLP, Attorneys at Law Today the Equal Employment Opportunity Commission (EEOC) releases new regulations that will define employers’ “reasonable factors other than age” or “RFOA” defense under the Age Discrimination in Employment Act (ADEA).  The new regulations would reflect two Supreme Court cases interpreting the […]

The Bipartisan Tax Fairness and Simplification Act of 2010 By Senators Wyden (D-OR) and Gregg (R-NH) As Congress readies for the inevitable partisan debate over how best to address the expiring 2001 and 2003 tax cuts, U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-NH) today offered a bipartisan solution. […]

Business News Note: A few years the Governor of Arizona invited Phil Knight for a visit which immediately started rumors that the Governor was luring NIKE to his state.  Now the rumors are awaking again in light of new Measure 66-67 taxes passed on Oregon business that Phil Knight opposed. […]

Oregon NFIB, The Oregon Legislature is now in its third week of the special session. Feb. 11 was the last day for bills to move out of their committee of origin, except for those in Revenue, Rules, or Ways and Means. This means a number of bills will be left […]

New Energy Institute Analysis: Copenhagen Commitments Fall Short US Chamber of Commerce WASHINGTON, D.C.— A new analysis released today by the U.S. Chamber’s Institute for 21st Century Energy reveals that even if emissions reduction pledges made under the Copenhagen Accord were adopted, the world would still see a significant rise […]

Oregon Department of Revenue, SALEM—From anvils to zeppelins, the personal property you use in your business may be taxed.  If you’re a business owner, the time to file your personal property return is March 1, according to the Oregon Department of Revenue.  Oregon law requires that all business owners-even owners […]

For Portland, more bikeways mean fewer paved roads By Dr. Eric Fuits, EconInternational The Portland City Council unanimously approved the nation’s most ambitious bike-projects initiative Thursday, with Mayor Sam Adams promising to submit a $20 million “kickstart” funding plan within 30 days. At the heart of the proposal is nearly […]

By Oregon Tax News, This month President Obama released a budget plan that emphasizes new spending freezes and fiscal accountability but comes with an extraordinary price tag.   Overall, the budget reveals federal spending will grow to $3.72 trillion dollars in the 2010 fiscal year and will increase to $3.83 trillion […]