Voluntarily Dissolved Business Entities/Environmental Claims: Oregon Legislation Revises Time Limitations to Pursue Insurance Assets

The Oregon Legislature enacted legislation that would allow the pursuit of claims against insurance policies of dissolved corporations or limited liability companies for a time period beyond time limitations that otherwise would prohibit pursuit of such claims. See 81st Oregon Legislative Assembly – 2021 Regular Session House Bill 2377 (“H.B. 2377”). H.B. 2377 would amend Oregon corporate law to provide that a party can pursue claims against the dissolved corporation or limited liability...
By: Mitchell, Williams, Selig, Gates & Woodyard,

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