PHILADELPHIA, Jan. 9, 2026 /PRNewswire/ — The following statement is being issued by Kroll Settlement Administration regarding Lynch v. Clackamas County, Case NoPHILADELPHIA, Jan. 9, 2026 /PRNewswire/ — The following statement is being issued by Kroll Settlement Administration regarding Lynch v. Clackamas County, Case No

If you held or are the heir or successor to a person or entity who held an ownership interest in, or a valid lien on real property that was foreclosed on and sold or retained by Clackamas County for the non-payment of real property taxes and the redemption period for that property lapsed between October 12, 2017 and January 12, 2024, you may be entitled to a payment from a class action settlement

PHILADELPHIA, Jan. 9, 2026 /PRNewswire/ — The following statement is being issued by Kroll Settlement Administration regarding Lynch v. Clackamas County, Case No. 3:23-cv-01502.

A Settlement has been reached in a class action lawsuit called Martin Lynch et al. v. Clackamas County et al., Case No. 3:23-cv-01502, pending in the United States District Court for the District of Oregon. This class action alleges that Oregon Counties, including Clackamas County, violated Plaintiffs’ rights by failing to give Plaintiffs the proceeds from the sale of the tax-foreclosed properties formerly owned by Plaintiffs that exceeded the unpaid taxes, fees, and other costs associated with those properties; or by retaining foreclosed properties worth more than the tax debt for which they were foreclosed, without payment of compensation. These claims have become known as “surplus-proceeds claims.” Only Clackamas County is participating in this Settlement.

You are included as a Class Member if you owned, inherited, or held an interest in property foreclosed on and retained or sold by Clackamas County, for which the redemption period elapsed between October 12, 2017 and January 12, 2024. (Common examples of interests in real property include ownership, mortgage interests, and other types of liens.) If the original owner or interest holder is deceased or no longer exists, then heirs or successors are included as Class Members.

Each Class Member who submits a valid claim will receive a payment of the surplus proceeds from the sale of the property. The total amount of a claim cannot be calculated until all claims have been submitted and validated. Clackamas County has agreed to pay a total of $2,466,403.68 into a Settlement Fund from which payments will be made to Class Members who submit valid claims. The County has agreed that for any properties it still owns and sells in the future for an amount in excess of the taxes owed it will pay the surplus amount into the settlement fund or directly to the owner. The costs of administering the Settlement will also be paid out of the Settlement Fund. Class Members do not need to pay anything to participate in the Settlement. The lawyers for the Class intend to ask the Court for attorney fees in an amount that will not exceed 30% of the Settlement Fund. The deadline to submit a Claim is 11:59 p.m. PT on May 25, 2026.

You must complete and submit a Claim to qualify for a payment under the Settlement. Claims must be submitted online at www.ClackamasTaxForeclosureSettlement.com or mailed postmarked by 11:59 p.m. PT on May 25, 2026.

If you do nothing, you will not receive money, but you will be legally bound by decisions of the Court and will give up any right to sue for the claims resolved by this Settlement. If you do not want to be bound by the Settlement, you must exclude yourself by March 13, 2026. You may file an objection with the Clerk of Court and explain why you do not like the Settlement. You may still participate in the Settlement by filing a Claim. Objections must be filed by March 13, 2026.

The Court has appointed Class Counsel to act on behalf of the Class. You have the right to retain your own counsel at your own expense.

The Court will hold a hearing on March 18, 2026, at 9:00 am at United States District Court for the District of Oregon, 1000 SW 3rd Ave, Portland Oregon to hear any objections, determine if the Settlement is fair, and to consider Class Counsel’s request for attorney’s fees and expenses. The total amount cannot be calculated until all claims have been submitted and validated. The motion for attorneys’ fees and expenses will be posted to the settlement website after it is filed. Class Members may attend the Hearing, but they aren’t required to.

This is only a summary. If you have questions, need to update your address, or want more information about this lawsuit, the Settlement, and your rights under the Settlement, visit www.ClackamasTaxForeclosureSettlement.com, call (833) 754-9045 or write to: Lynch v Clackamas County, c/o Kroll Settlement Administration LLC, P.O. Box 225391, New York, NY 10150-5391.

Cision View original content:https://www.prnewswire.com/news-releases/if-you-held-or-are-the-heir-or-successor-to-a-person-or-entity-who-held-an-ownership-interest-in-or-a-valid-lien-on-real-property-that-was-foreclosed-on-and-sold-or-retained-by-clackamas-county-for-the-non-payment-of-real-propert-302657726.html

SOURCE Kroll Settlement Administration

Market Opportunity
RealLink Logo
RealLink Price(REAL)
$0.07717
$0.07717$0.07717
+0.45%
USD
RealLink (REAL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Trading time: Tonight, the US GDP and the upcoming non-farm data will become the market focus. Institutions are bullish on BTC to $120,000 in the second quarter.

Daily market key data review and trend analysis, produced by PANews.
Share
PANews2025/04/30 13:50
CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

CEO Sandeep Nailwal Shared Highlights About RWA on Polygon

The post CEO Sandeep Nailwal Shared Highlights About RWA on Polygon appeared on BitcoinEthereumNews.com. Polygon CEO Sandeep Nailwal highlighted Polygon’s lead in global bonds, Spiko US T-Bill, and Spiko Euro T-Bill. Polygon published an X post to share that its roadmap to GigaGas was still scaling. Sentiments around POL price were last seen to be bearish. Polygon CEO Sandeep Nailwal shared key pointers from the Dune and RWA.xyz report. These pertain to highlights about RWA on Polygon. Simultaneously, Polygon underlined its roadmap towards GigaGas. Sentiments around POL price were last seen fumbling under bearish emotions. Polygon CEO Sandeep Nailwal on Polygon RWA CEO Sandeep Nailwal highlighted three key points from the Dune and RWA.xyz report. The Chief Executive of Polygon maintained that Polygon PoS was hosting RWA TVL worth $1.13 billion across 269 assets plus 2,900 holders. Nailwal confirmed from the report that RWA was happening on Polygon. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 The X post published by Polygon CEO Sandeep Nailwal underlined that the ecosystem was leading in global bonds by holding a 62% share of tokenized global bonds. He further highlighted that Polygon was leading with Spiko US T-Bill at approximately 29% share of TVL along with Ethereum, adding that the ecosystem had more than 50% share in the number of holders. Finally, Sandeep highlighted from the report that there was a strong adoption for Spiko Euro T-Bill with 38% share of TVL. He added that 68% of returns were on Polygon across all the chains. Polygon Roadmap to GigaGas In a different update from Polygon, the community…
Share
BitcoinEthereumNews2025/09/18 01:10