Court rebuffs bank on Estate Financial payout
By Stephen Nellis / Friday, September 16th, 2011 / Banking & Finance, Banking Industry, Law & Goverment, Top Stories, Tri-County Public Companies / Comments Off on Court rebuffs bank on Estate Financial payout
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Cappello seeks $12M from Klein estate
By Stephen Nellis / Friday, September 9th, 2011 / Law & Goverment, Top Stories / Comments Off on Cappello seeks $12M from Klein estate
A Santa Barbara law firm is suing a deceased hedge fund manager’s estate for as much as $12 million in allegedly unpaid contingency fees. Cappello & Noël filed a lawsuit against the estate of Michael Klein, the fast-rising financial star who died in an airplane crash in Panama in 2007, along with Pacificor, the hedge Read More →
A roundup of hires, promotions and events at region’s law firms
By Stephen Nellis / Friday, September 9th, 2011 / Columns, Law & Goverment / Comments Off on A roundup of hires, promotions and events at region’s law firms
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Select plans appeal of $50M judgment
By Stephen Nellis / Friday, September 2nd, 2011 / Law & Goverment, Top Stories / 4 Comments
Santa Barbara-based Select Staffing plans to appeal a $50 million decision against it in a lawsuit that alleged the firm underpaid its workers compensation insurance premiums by $30 million and underreported its payroll to state officials. The lawsuit was filed in state court in San Francisco by the State Compensation Insurance Fund, a quasi-public nonprofit Read More →
Venoco sued over CEO’s offer
By Marlize van Romburgh / Friday, September 2nd, 2011 / Banking & Finance, Law & Goverment, Top Stories, Tri-County Public Companies / Comments Off on Venoco sued over CEO’s offer
A shareholder of Venoco has filed a lawsuit to block a proposal by the CEO of the oil and gas company to buy the half of the company he doesn’t already own, alleging that the proposed buyback undervalues the firm. Tim Marquez, the CEO and president of Venoco, has offered $12.50 per share to buy Read More →
Melchiori, subs tangle over county project
By Stephen Nellis / Friday, August 26th, 2011 / Law & Goverment, Real Estate, Top Stories / 3 Comments
General contractor Melchiori Construction Co. has faced 31 claims from subcontractors and suppliers that it did not pay them for their work on Santa Barbara County’s $4.5 million Emergency Operations Center. Melchiori’s subcontractors and suppliers filed 31 so-called “stop notices” with county officials for $1.5 million worth of work. In public works projects, a subcontractor Read More →
Court rulings shake up Santa Barbara media world
By Stephen Nellis / Friday, August 19th, 2011 / Law & Goverment, Top Stories / Comments Off on Court rulings shake up Santa Barbara media world
The two biggest print news organizations in Santa Barbara could change for years to come as a result of legal decisions in early August.