Grace Foundation finally sued both banks, allegedly for $20,000,000. After banks wanted a waiver signed, it was refused. Below explains the situation prior to Grace filing the lawsuit.
The Grace Foundation claims that Bank of America has been nice but Wells Fargo Bank has not been. Perhaps if Grace understood what happened, via [illegal] seizure with animal control, Wells Fargo and the attorney for Wells Fargo……Grace took some pretty big change, $40,000 or $80,000, or maybe more, to take animals that were part of an illegal seizure. We don’t see Grace mentioning that, yet she does have the animals. Of course Grace would say she knew nothing about an illegal seizure? Then why did Grace claim if the seizure had been done properly, she wouldn’t be in such a bind? It would have made little difference since Grace knew she was taking horses that could be pregnant. They have been at her ranch property since August 2011. If horses were pregnant, she could have refused to take them.
Can Grace attempt to wrangle money out of the banks while the bank attorney who facilitated and engaged the illegal seizure, gets away from his own wrongdoing? Below is from the Grace “update” where she is having others call the banks and even tries to harass the attorney. Amazing. It didn’t work so apparently Grace finally sued the banks.
Dear Friends of Grace,
The saying, this is a marathon not a sprint, is holding very true with the Susanville case. It is hard to believe that it has been over a year since we began the journey involving the Susanville horses. In my last correspondence with you, I felt encouraged that we may have been close to a resolution when we were contacted by both Bank of America and Wells Fargo’s top executive level. I had hope that these banks understood the severity of their errors and shared our desire for a quick resolution.
Since that day, we have done everything that has been asked of us by Wells Fargo and Bank of America. We have provided the banks with over 200 documents, receipts, and invoices pertaining to the care of the Susanville horses. We have also hosted executives from Wells Fargo and Bank of America at Grace and have provided all of the records for each of the horses, their medical care, and projections of future costs.