Grace Foundation's legal battle continues
The Grace Foundation of Northern California continues its financial fight with the banks they say put them in dire straits.
Grace, an equine rescue facility, has been temporarily closed since October as it wages a fight against Wells Fargo and Bank of America in the hopes of recouping more than $900,000 that has been spent on the care and feeding of 70 neglected horses rescued by the foundation last year from a ranch in Susanville.
The El Dorado Hills based non-profit has taken the fight to court, claiming they were deceived by Wells Fargo and Bank of America when the foundation was entrusted with the care of the horses.
The banks that foreclosed on the Whispering Pines Ranch in Susanville owned by Dwight Bennett were allegedly supposed to provide money to help care for the neglected animals, many who have since given birth.
Beth DeCaprio, founder of Grace Foundation, continues the legal battle.
Following a November court hearing in Lassen County, DeCaprio said the ranch was “blindsided to find out minutes before court, that Wells Fargo and Bank of America had been working on a deal with a Lassen County rancher to remove the horses from Grace and take the horses and their foals back to Lassen County.
“The banks presented this as their option to the courts because Grace had expressed concern over continuing to provide care for the horses if the banks would not help.”
The Foundation would like ...