A judge awarded nearly $5 million to the attorneys representing plaintiffs in a lending discrimination class action lawsuit against Wells Fargo Bank
Leila J. Noël, partner in the Santa Barbara law firm of Cappello & Noël LLP, has joined the board of directors of the Legal Aid Foundation of Santa Barbara County.
A. Barry Cappello will be speaking at the Special Assets Management Association's 2012 Annual Conference in Ojai on May 10. He will be part of a panel that will be discussing the latest lender liability issues. Joining him will be:Joel Berman, Attorney, Jeffer Mangels Butler & Mitchell (moderator)Elizabeth Khachigian, Senior Vice President and Assistant General Counsel, Comerica BankThomas Robins, Chief [ More... ]
Santa Barbara, Calif. (Jan. 24, 2012)--Leila J. Noël, partner in the Santa Barbara law firm of Cappello & Noël LLP, has been named by Super Lawyers Southern California magazine as one of the top attorneys in Southern California for 2012.
Cappello & Noël, LLP made a five-year financial commitment to support the Santa Barbara Legal Aid Foundation. The Santa Barbara-based law firm announced it would donate $10,000 a year for five years to the non-profit organization, which provides free legal services those in need.
The City of Tustin sued Keybank and other lenders to a developer who was hired redevelop a former U.S. Marine base, borrowed $70 million against the project, then failed to complete the work and defaulted on the loans.
Cappello & Noël LLP is the sponsor of the December 15 Equal Justice Luncheon hosted by the Legal Aid Foundation of Santa Barbara County. The event takes place at Fess Parker's Doubletree Resort. The luncheon is a fundraiser for the foundation. Cappello & Noël's managing partner, A. Barry Cappello, will take to the podium to urge those in attendance to [ More... ]
Lenders often demand far more security than they need when a business borrower seeks a loan. While this may be a prudent and cautious lending strategy for banks, it can prove disastrous for a business borrower or guarantor who pledges personal collateral for the loan.
A collapse of the commercial real estate sector will be catastrophic to financial institutions and the economy so lenders must act now to avoid such a financial debacle, says A. Barry Cappello, nationally renowned attorney specializing in lender liability law.
Business borrowers are beginning to feel the ripple effects of the financial crisis as lenders tighten commercial lending in a cautionary attempt to stop further erosion of capital and assets, says lender liability expert A. Barry Cappello, managing partner with the Santa Barbara law firm of Cappello & Noel, LLP. He says the coming commercial credit crunch will be hard felt--especially by small businesses and borrowers in certain industries.
