Barclay Damon
Barclay Damon

Paul 
     Vellano Jr.

Paul Vellano Jr.

Partner

p: 315.413.7118

f: 315.703.7365

icon_email pvellanojr@barclaydamon.com
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Syracuse Office

Barclay Damon Tower
125 East Jefferson Street
Syracuse, New York 13202

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, closings and structuring, loan workouts and bankruptcy, and lender-liability planning and collection strategies. He is also involved in representing receivers of businesses in restructuring and liquidation transactions.

Representative Experience

  • 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.

Practice Areas

Education

  • Syracuse University College of Law, J.D., cum laude, Syracuse Law Review, Editor, Justinian Society
  • Syracuse University, B.A., summa cum laude, Phi Beta Kappa, Phi Kappa Phi, and Pi Sigma Alpha

Admitted To Practice

  • New York
  • U.S. District Court, Northern District of New York
  • U.S. District Court, Western District of New York

Memberships & Affiliations

  • American Bar Association
  • New York State Bar Association
  • Onondaga County Bar Association
  • Risk Management Association, Empire Chapter, Former Board of Directors Member

Civic Activities

  • Greater Syracuse Business Development Corporation, Board of Trustees Member

Speaking & Publications

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

Honors

  • Syracuse University, Phi Beta Kappa

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