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  • Sued in New York for a Loan? How BCL § 1314 and GOL § 5-1402 Protect Out-of-State Borrowers
    Sued in New York for a Loan? How BCL § 1314 and GOL § 5-1402 Protect Out-of-State Borrowers

    New York's Business Corporation Law § 1314 governs when foreign entities and non-residents can sue in New York courts. Despite its title, it applies to actions against and by foreign corporations and ...

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  • Contractual Consent Of Service: The Hidden Perils For Out-of-State Borrowers
    Contractual Consent Of Service: The Hidden Perils For Out-of-State Borrowers

    The following blog post delves into CPLR § 313 and § 308(5), exploring their application in serving out-of-state defendants in New York commercial disputes, with a particular focus on the validity of ...

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  • How Do Merchant Cash Advances Differ From the Sale of Future Receivables?
    How Do Merchant Cash Advances Differ From the Sale of Future Receivables?

    The key differences between a Merchant Cash Advance (MCA) and the sale of future receivables: 1) Legal Nature: An MCA is not technically a loan, but rather an advance purchase of a business's future ...

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  • 25 Essential Q&As for New York Consumers Facing Debt Lawsuits
    25 Essential Q&As for New York Consumers Facing Debt Lawsuits

    Dealing with a debt collection lawsuit can be daunting, especially in New York with our separate City Civil Courts. This comprehensive guide answers 25 critical questions to empower you as a consumer. ...

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  • Motion for Summary Judgment: A Guide for New Yorkers
    Motion for Summary Judgment: A Guide for New Yorkers

    What is a Motion for Summary Judgment? A motion for summary judgment is a legal procedure that allows a party to a lawsuit to ask the court to decide the case in their favor without a trial. The ...

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