Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

OR's Environmental Clean-Up Statute

By Chet A. Kronenberg and Michelle Kallen
February 26, 2014

In 1999, Oregon enacted the Oregon Environmental Cleanup Assistance Act (“OECAA”) to fill gaps in the law that purportedly resulted in insurance companies withholding or delaying payment of funds to policyholders on account of contaminated Oregon sites. In 2003 and 2013, the Oregon legislature amended the OECAA to add provisions to further maximize coverage for policyholders. By its terms, the OECAA applies to policies negotiated and purchased both before and after the effective date of the OECAA. This article summarizes the OECAA and its various amendments, and discusses to what extent the OECAA may apply retroactively to existing policies.

The OECAA

Read These Next
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office Image

A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.

Bankruptcy Sales: Finding a Diamond In the Rough Image

There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.

Bit Parts Image

Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights

Risks of “Baseball Arbitration” in Resolving Real Estate Disputes Image

“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.

Disconnect Between In-House and Outside Counsel Image

'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.