Cappello & Noël LLP has earned a nationwide reputation as the pioneer in the field of lender liability.
Cappello & Noël is known for its ability to investigate and prosecute lending institution misconduct and fraud, and has successfully battled some of the largest financial institutions in the country by winning multimillion-dollar jury verdicts and out of court settlements for its clients. The firm represents individuals and businesses that have been injured or destroyed by their lender. The firm also uses its lender liability expertise to successfully negotiate workout agreements between borrowers and lenders that often result in restructuring borrower debt payments and loan terms.
Awards & Verdicts | Lender Liability Sample Cases
Settlement: $3.2 million plaintiff settlement including $2.7 million in cash and $500,000 in personal loan forgiveness.
Settlement: $7.5 million lender liability settlement involving a dispute over a hotel foreclosure.
Verdict: $7.6 million lender liability verdict against a mortgage loan broker and its affiliated lender.
Verdict: $4.5 million jury verdict on behalf of a food processing company.
Settlement: $11.5 million settlement in a lender liability matter involving wrongful foreclosure of an office tower.
Verdict: $70.8 million award to an aircraft manufacturer in a complex lender liability dispute.
Verdict: $7.5 million verdict in which a public company sued its lender over conversion of the borrower’s property.
Lender Liability | Fifth Edition
The leading one-volume work on the subject
Managing partner A. Barry Cappello wrote the first treatise on the subject, Lender Liability, now in its fifth edition. The fifth edition has been completely updated and reflects evolution and maturity of lender liability as an accepted, cited and well-litigated area of commercial and consumer litigation. As a body of law, it has evolved from traditional contract and tort theories, to include causes of action based in the Uniform Commercial Code; including the covenant of good faith and fair dealing.
A handy reference work, Lender Liability is ideal for either the experienced practitioner or the neophyte involved in representing an institution or client whose interests involve bank liability.
LENDER LIABILITY NEWS
ProPublica: Another Way Wells Fargo Took Advantage Of Customers
Four former employees say that Wells Fargo made clients in its Los Angeles region pay for missing deadlines to lock in interest rates on loans, even though the delays were the bank’s fault. by Jesse [ More... ]
Lender Liability | Fifth Edition | By A. Barry Cappello Now Available
Santa Barbara, Calif.—The fifth edition of Lender Liability (800 pages), the authoritative treatise on lender misconduct, is now available through Juris Publishing. Authored by the acknowledged pioneer in lender liability law, attorney A. Barry Cappello, [ More... ]
Your Legal Rights: Borrowing Basics
Your Legal Rights: Borrowing Basics Pacific Coast Business Times - October 26, 2012