#1220114, Pacific Capitol Bank v. Wayne Flesher, filed 5/18/2006

Plaintiff’s Attorney: Diane Jessup Lee

Settlement: $350.000.00 by stipulated judgment

A Santa Barbara area bank made a commercial loan to a company owner who was going to provide video feeds at numerous gas station pump locations throughout Southern Calif. Defendant/owner was unable to obtain the licensing and contract agreements to perform services and defaulted on the loan. A Stipulated judgment was arranged with plaintiff and defendant.