Standard Insurance v. Olin

Petitioners Standard Insurance Company (Standard) and Ajmer and Verna Singh (the Singhs) seek review, in consolidated cases, of two separate orders. One was issued by the Deputy Superintendent of Banks1 (Deputy Superintendent) and the other by the Oregon Corporation Commissioner2 (Commissioner). They both concern a proposed reorganization and exchange of securities by the Bank of Oregon (the Bank). The briefs filed by Standard and the Singhs raise essentially the same issues, and we address them together. Unless otherwise indicated, reference to “petitioners” includes all of them.

The facts,…