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Wrong William Clewis?

William Clewis E.

Senior Vice President

Yadkin Valley Bank

Direct Phone: (704) ***-****       

Email: b***@***.com

Yadkin Valley Bank

3600 Glenwood Avenue Suite 300

Raleigh, North Carolina 27612

United States

Company Description

Yadkin Valley Financial Corporation (Yadkin) is a bank holding company for Yadkin Valley Bank and Trust Company (the Bank). The Bank is a chartered commercial bank. The Bank’s operations are primarily retail oriented and directed towards individuals, and ... more

Find other employees at this company (374)

Background Information

Employment History

Senior Vice President
Wachovia Corp.

Web References

The National Law Journal: Subsection

www.nlj.com [cached]

The first of these witnesses, William Clewis, a senior vice president in consumer lending at the bank, set the tone.Clewis had handled the negotiations of the contract with Steele, from the beginning of 1997; others at the company had negotiated with Steele previously.

With Clewis, he adds, he was relentless from the start."I wanted to make this guy look bad within the first five minutes."
But under questioning, Clewis again affirmed that he was authorized to sign the contract.Snyder peppered Clewis with questions about the contract.
Clewis said he had not contacted First Union executives who handled negotiations before him to discuss the deal before signing or read previous drafts of the agreement.These claims further harmed the witness's credibility.
Snyder questioned Clewis about the renewal provision in the contract.
Clewis and First Union contended that the contract was for two years and there was no automatic provision for renewal, so it ended on May 1, 2000.Clewis testified that he could not remember the automatic renewal clause in the contract and that, at any rate, Steele could not rely on that provision.

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