Skip to Main Content
Services Talent Knowledge
Site Search
Menu
Home page
Services Talent Knowledge
Firm Facebook
Firm Linkedin
Firm Twitter
Close Menu

Featured Industries

New & Emerging Industry Practice Areas

Practice Areas

PaulVellano Jr.

Partner

"Solving problems has always been a great passion for me and, as a lawyer, that's what I do for my clients on a daily basis."

Syracuse
P: 315.413.7118
Overview

Biography

Paul primarily concentrates his practice on commercial-loan closings, general regulatory and compliance issues, loan documentation and restructuring, loan workouts, general business matters, and real estate.

Paul also handles strategy and compliance matters for commercial lenders related to loan and deposit documentation as well as closings for single and multiple lenders involving participations, syndications, and loan-structuring issues. His practice also involves loan workouts and restructuring transactions for both single and multi-bank participations and syndications. He is also involved in representing receivers of businesses in restructuring and liquidation transactions.

Bar Associations

  • American Bar Association
  • New York State Bar Association
  • Onondaga County Bar Association

Selected Memberships & Affiliations

  • Greater Syracuse Business Development Corporation, Board of Trustees Member
Experience

Representative Experience

  • Represented a bank in a construction loan involving mixed-use property in Rochester, New York. The $11 million transaction involved a SWAP component, negotiating borrower and guarantor recourse issues, and resolving title issues.
  • Assisted a receiver in liquidating the assets of a garbage collection business and handling environmental and wage issues connected to the business. Assisted the receiver in collecting over $2.5 million, which resulted in full payment to all secured creditors with a small dividend to unsecured creditors.
  • Represented local and regional banks regarding multi-million lines of credit for mortgage-warehouse lenders.
  • Represented a regional bank in a $62 million multi-location hotel-syndication construction and permanent loan.
  • Represented a regional bank in a local IDA transaction involving an $8 million construction and permanent loan for an apartment project accompanied by a swap transaction.
  • Represented a regional bank in a $10 million shopping-center acquisition and swap transaction.
  • Represented a regional bank in a $6.75 million loan and swap transaction.
  • Represented a regional bank as a participant in a syndicated loan transaction involving a $48 million line of credit and a $10.5 million term loan.
  • Represented a regional bank in the restructure and liquidation of $12 million in business credit.
  • Represented a regional bank in the restructure of $8.3 million in real estate and business credit.
  • Represented a regional bank in the restructure of a $28 million business loan.
  • Represented a receiver in the liquidation of a large regional trash hauler.
  • Represented a receiver in the restructure of an environmental company.
  • Represented a regional lender in a $30 million construction- and permanent-loan transaction involving a swap transaction and a local IDA.
  • Represented a principal and a long-standing local business in the sale of the principal's 100 percent membership interest, negotiating the sales contract and consummating the entire transaction, including financial assumptions, vendor consents, and negotiating a new lease and employment contract. The result of the transaction assured the orderly transition of the company to another entity and the continuation of the company for the benefit of the community and the employees.
  • Represented a regional bank in a complex workout of over $9 million in secured debt, including restructuring, forbearance negotiations, pre-bankruptcy support agreement negotiations, and a 363 sale of the debtor's assets.

Prior Experience

  • Menter, Rudin & Trivelpiece, P.C., Shareholder
  • Menter, Rudin & Trivelpiece, P.C., Executive Vice President
  • Menter, Rudin & Trivelpiece, P.C., COO
  • Menter, Rudin & Trivelpiece, P.C., CFO
  • Melvin & Melvin, Partner

Selected Community Activities

  • Greater Syracuse Business Development Corporation, Board of Trustees Member

Selected Honors

  • Syracuse University, Phi Beta Kappa
Knowledge

Selected Speaking Engagements

  • Presenter at RMA Empire State Chapter Fall Conferences on legal issues involving fraud, construction loans, lender litigation, and general lender issues.
  • Presenter at a regional bank system-wide lender and administrative meeting on legal issues and lending procedures.
  • Presenter at a community bank on compliance topics and procedures.
  • Lecturer for Lorman Education Services and a local bar association on guarantees and lender enforcement topics.

Selected Publications & Media

  • Enforcing Judgments and Collecting Debts in New York, “Judgments and Liens”
  • Channel 7, “Bank Statement Issues for Consumers”

Selected Alerts & Blog Posts

Overview Experience Knowledge

Education

  • Syracuse University College of Law, JD, Cum Laude; Syracuse Law Review, Editor
  • Syracuse University, BA, Summa Cum Laude

Practices & Industries

Admitted to Practice

  • New York
  • US District Court for the Northern District of New York
  • US District Court for the Western District of New York

Featured Media

Alerts

Recent DOJ and OCR Settlement Highlights Provider Responsibilities to Deaf and Hearing Impaired Patients

Read More
About Recent DOJ and OCR Settlement Highlights Provider Responsibilities to Deaf and Hearing Impaired Patients

Alerts

Court Rules in Favor of Office of Renewable Energy Siting Regulations in Article 78 Challenge

Read More
About Court Rules in Favor of Office of Renewable Energy Siting Regulations in Article 78 Challenge

Alerts

HHS OCR Issues Guidance on HIPAA and COVID-19 Vaccine Information

Read More
About HHS OCR Issues Guidance on HIPAA and COVID-19 Vaccine Information

Alerts

New York State Cannabis Control Board Holds First Meeting

Read More
About New York State Cannabis Control Board Holds First Meeting

Alerts

NYS DOH and DASNY Announce Availability of Funds for Residential Health Care and Other Providers

Read More
About NYS DOH and DASNY Announce Availability of Funds for Residential Health Care and Other Providers

Alerts

To Dismiss or Not to Dismiss? Second Department Takes Another Look at Abandonment

Read More
About To Dismiss or Not to Dismiss? Second Department Takes Another Look at Abandonment
Previous Alert
Next Alert
View All Alerts
Home page

Barclay Damon attorneys team across offices and practices to provide customized, targeted solutions grounded in industry knowledge and a deep understanding of our clients' businesses. With nearly 300 attorneys, Barclay Damon is a leading law firm that operates from a strategic platform of offices located in the Northeastern United States and Toronto.

To meet clients' needs for information and guidance in the current ever-changing environment, our COVID-19 Response Team is actively assessing regulatory, legislative, and other governmental updates, and attorneys across our practices and industry teams are producing alerts and webinars on a wide range of topics related to the crisis.

Firm Facebook
Firm LinkedIn
Firm Twitter
Attorney Advertising / Prior results do not guarantee a similar outcome. Disclaimer - Find Us - Login - Client Collaboration Center - Client Rights - Privacy Policy
© 2021 Barclay Damon LLP

This site uses cookies to give you the best experience possible on our site and in some cases direct advertisements to you based upon your use of our site.

By clicking [I agree], you are agreeing to our use of cookies. For information on what cookies we use and how to manage our use of cookies, please visit our Privacy Statement.

I AgreeOpt-Out