STANDARD INS. CO. v. OLIN

Citation Codes

Equivalent Citations

citation codes

Docket Number

CA A36644; SC S33376, S33366, CA A36645; SC S33376, S33366, CA A36734; SC S33376, S33366

Attorney(S)

Ajmer and Verna M. Singh, Independence, filed a petition for review, pro se. Don G. Carter of McEwen, Gisvold, Rankin Stewart, Portland, filed a petition on behalf of petitioner on review Standard Insurance Company. John R. Faust, Jr. of Schwabe, Williamson, Wyatt, Moore Roberts, Portland, filed a response on behalf of respondents on review BanOre Bancshares, Inc. and Bank of Oregon.

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In the Matter of the Exchange of Series A Junior Preferred Stock of BANORE BANCSHARES, INC., for the Preferred Stock and Subordinated Capital Notes of BANK OF OREGON in Connection With a Plan of Reorganization. STANDARD INSURANCE COMPANY, Petitioner on Re v. ew,

MEMORANDUM OPINION

Petition for Review allowed.

The decision of the Court of Appeals is reversed and the case is remanded to the Court of Appeals for further consideration.

MEMORANDUM OPINION

The Court of Appeals, 81 Or. App. 405, 725 P.2d 934, dismissed petitioners' petitions for judicial review of an order of the Deputy Superintendent of Banks on the ground that the order sought to be reviewed was not a final order. Our review of the record persuades us that two documents issued on May 31, 1985, a Certificate Evidencing Completion of Plan of Reorganization and a contemporaneous letter, together constituted a final order of the Banking Division with respect to certain issues raised by petitioners concerning that order. We therefore allow the petitions and remand the case to the Court of Appeals for review of those issues.

In the Matter of the Exchange of Series A Junior Preferred Stock of BANORE BANCSHARES, INC., for the Preferred Stock and Subordinated Capital Notes of BANK OF OREGON in Connection With a Plan of Reorganization. STANDARD INSURANCE COMPANY, Petitioner on Re v. ew,

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