Experience

Obtained a summary judgment for Sandler O’Neill against Cappello from the bankruptcy court resulting in dismissal of all claims against Sandler O’Neill by the district court. The claims consisted of alleged interference with contract and interference with prospective economic relations. Sandler O’Neill, a New York based investment bank that specializes in finding capital for financial institutions, found and placed the necessary capital that allowed AmericanWest Bank to avoid seizure and takeover by the FDIC. Cappello sued both the bank and Sandler O’Neill seeking credit for the deal and remuneration for the deal. The court found Sandler O’Neill, not Cappello, solely sourced the deal and that Cappello failed to establish any legal claim against Sandler.