Announcement

The firm has been deeply involved for the past 4 years with several multimillion dollar litigations on behalf of several companies challenging the validity of criminally usurious merchant cash advances. These challenges to these de facto MCA loans have been made under both state criminal usury statutes and federal RICO statutes. Merchant cash advance litigations are brought by both MCA lenders and aggrieved debtors most often in the New York state court system as well as in United States District Courts.

Christopher Meatto (christopher@haravrdlaw74.com) is the head of the firm’s litigation practice and is admitted to the federal and state courts of New York and can also appear Pro Hac Vice with local counsel in other jurisdictions. He will be lead counsel in all MCA litigations that are accepted by Meatto Gerken.

For more background on the evolving case law protecting MCA debtors, we note the following recent seminal decisions involving major merchant cash advance companies: Haymount Urgent Care v. GoFund Advance , Lateral Recovery v. Queen Funding , and Fleetwood Services v. Ram Capital Funding.

Below is an article by Illinois legal colleague Rob Glantz for further background for potential clients.