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 & Noël, LLP.
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 & Noël, LLP. He says the coming commercial credit crunch will be hard felt--especially by small businesses and borrowers in certain industries.
After three years of litigation, arbitration and mediation, a settlement has been reached between homeowners in the oceanfront community of Seacliff Beach Colony in Ventura County, Calif., and the land company that owned the property on which their homes were built. The agreement enables homeowners to purchase the property from the land company,Seacliff Land LLC, for a confidential purchase price.
A Los Angeles federal judge ruled that owners and publishers have a First Amendment right to control the content of their publications. U.S. District Court Judge Stephen V. Wilson ruled in favor of Ampersand Publishing LLC, parent company of the Santa Barbara News-Press, and against the National Labor Relations Board (NLRB) and its regional director James J. McDermott.
A. Barry Cappello, managing partner of the Santa Barbara law firm of Cappello & Noël, LLP, was named one of the top 100 trial lawyers in California by the American Trial Lawyers Association (ATLA). The ATLA is a national organization comprised of the 100 top trial lawyers from each state.
The Legal Aid Foundation of Santa Barbara County is pleased to announce the installation of a brand new ESI telephone system installed in its Santa Barbara office thanks to the generosity of the law firm of Cappello & Noël.
The California Court of Appeal affirmed a $3.7 million trial court judgment that found a plastering company and a framing company had performed shoddy workmanship at the El Escorial Villas in Santa Barbara.
Parents file wrongful death suit - DA had declined to file charges after 4-year-old's drowning - Santa Barbara News-Press - PDF
A 74-year-old Lompoc widow is suing Orange County’s West Coast Realty & Mortgage and its subsidiary, Ultimaterate.com, as well as Orange County-based Fremont Investment & Loan for financial elder abuse.
A Santa Barbara jury awarded a nearly $42 million verdict to local businessman Michael Klein and his company, Core Wealth Management, in a Superior Court civil trial that lasted almost two months and concluded Thursday. The case revolved around allegations that five former employees of Mr. Klein had plotted to steal confidential information and clients from Core Wealth, of which Mr. Klein was chief executive officer and sole owner, and form their own competing company.
