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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Nick Budnick / The Bulletin
May 15, 2010
PORTLAND — A bankruptcy trustee’s effort to implicate Umpqua Bank in what he alleges was a defunct Bend-based firm’s “Ponzi scheme” ran into stiff opposition Friday in a Portland courtroom.
Trustee Kevin Padrick, as well as a creditors’ group, allege that Umpqua knowingly aided and abetted....
