500 Pioneer Tower
888 SW Fifth Avenue
Portland, OR 97204
747 SW Mill View Way
Bend, OR 97702
Portland: 503 323 9000
Bend : 541 585 1035
Fax: 503 323 9019
I am writing this letter with the utmost gratitude and heartfelt appreciation to Elizabeth Berrigan and the Cosgrave Team.
Recently a dear friend of ours was a victim of a horrendous tragedy. Our friend lost both of his parents in a domestic violence crime and was shot during the incident. He survived something most people wouldn’t; it’s a true miracle he is still with us today. Even more of a miracle is his outlook on life; he is full of love, faith and hope. All in part because of the wonderful Liz Berrigan!
As his friends we wanted to help him. We all know expenses of this nature would be through the roof, let alone the five months of rehabilitation before he is back to work. So we started a collection and a benefit to raise money to help him in these difficult times. We looked into all types of benefits and organizations to help with the process. After hitting wall after wall and being up against a strict timeline, we found Liz.
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We are pleased to introduce our new beer blog. With a growing list of clients in the brewing industry, Cosgrave attorneys are using the blog to discuss industry trends, share a few beer-related stories and highlight their friends in the business.
“No one wants to read a post detailing the legal framework of a small business transaction. But beer? That’s a different story,” says Cosgrave attorney Marcus Reed, who spearheads the firm’s beer-industry practice. “Our clients are brewing great beer and embarking on some exciting projects. This is a great chance to provide a unique perspective on what they're doing – and it's a great excuse to try some new beer.”
Visit http://blog.cosgravelaw.com to follow and read the Cosgrave beer team's musings on seasonal beer releases, upcoming events and interviews with local brewers and cider makers.
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Appellate Team Wins Securities Fraud Case
June 19, 2014
Cosgrave appellate attorneys Thomas Brown and Wendy Margolis successfully defended an appeal to the Oregon Court of Appeals in a securities fraud case. The Court of Appeals upheld an order in our clients’ favor in Amerivest Financial LLC v. Malouf, 263 (June 6, 2014).
Cosgrave’s clients were in the business of buying and selling senior life policies (SLPs), some of which were sold via other defendants to plaintiff Amerivest as part of a $10 million investment program. The trial court granted summary judgment for our clients on Amerivest’s claims for breach of fiduciary duty, common-law fraud, and violations of Oregon’s securities laws. On Amerivest’s appeal, the Oregon Court of Appeals affirmed the judgment for our clients, concluding that neither the investment program nor the SLPs were investment contracts – and thus were not subject to Oregon’s securities law – because the transactions were managed and controlled by Amerivest’s own officer and not by “others,” as the law requires. The court’s decision protects our clients’ substantial investment in the purchase and sale of SLPs.