2/19/2020, 2020 N.Y. Slip Op. Hurt bad," one text said. February 27, 2023 alexandra bonefas scott No Comments . The company, PowerUp Lending Group of Great Neck, New York, had given North River money to be repaid from the stores' future sales. In this case, Provident alleges Provident had a security interest in Lotus Exim's accounts receivable, and that Lotus Exim transferred the proceeds of the accounts receivable to the 1975 Account, and the Investors interfered with Provident's right of possession of the proceeds by receiving and retaining payments from Itria through the 1975 Account (Third-Party Compl., 173-182). husband ignores me when his daughter is around husband ignores me when his daughter is around According to the suit, this translates to more than $60,000 in interest in only 189 days, or an annualized interest rate of more than 47 percent. On October 6, 2021, default was entered as to Defendants. To wit, Provident alleges that Mr. Arora and his companies, Itria and Biz2Credit, were directing Lotus Exim not to deposit the funds into the Provident account but to deposit them into the 1975 Account so that Itria could receive the proceeds (id.). NO. NO. This browser does not support PDFs. Itria provided more than $5,600,000 in funding to Lotus Exim between May 2014 and December 2016 pursuant to the Pre-Closing FRSAs (id., 20). "I'll show you what type of loser you are you clown of a man.". In any event, as the Court of Appeals has observed, "the question of what constitutes reasonable reliance is not generally a question to be resolved as a matter of law on a motion to dismiss" (ACA Fin. I dealt with Paul and he made the process easy and smooth. 2023-01-27, Riverside County Superior Courts | Contract | "I tried to make it work," he said, "but I really was unable to.". This case was filed in Dallas County District Courts, Dallas County Civil District Courts located in Dallas, Texas. Under a typical deal, a business might receive $40,000 in exchange for agreeing to hand over $50,000 in future revenue over a few months. abbvie ceo richard gonzalez wife; how far is haddonfield, illinois from chicago Biz2Credit, Itria Ventures LLC and John Does 1-10 are collectively referred to as "Itria". The Itria Parties argue that Provident merely alleges that the Itria Parties failed to disclose certain documents and information, which amounts, at most, to acts of omission rather than affirmative misrepresentations, and that the fraud claim must therefore be dismissed because there is no special relationship between Itria Parties and Provident. Case number 1922-AC09632 was filed in the St. Louis 22nd Judicial Circuit Court on July 26. ITRIA VENTURES LLC, A DELAWARE LIMITED LIABILITY COMPANY VS KOMPUGARD, INC., A CALIFORNIA CORPORATION, ET AL. A large majority of complainants claimed they had not received the funding, and said they have frequently reached out to Biz2Credit Inc. but were unable to get a response about the status of their . The complaint alleges that the companies offer "future receivables purchases" rather than loans, but that they renege on terms of the financing, charge usurious interest rates, and engage in racketeering. ANDREW BORROK Justice MOTION DATE 02/13/2020 MOTION SEQ. To establish a special or privity-like relationship, a plaintiff "must show either privity of contract between the plaintiff and the defendant or a relationship 'so close as to approach that of privity'" (Sykes v RFD Third Ave. 1 Assocs., LLC, 15 NY3d 370, 372 [2010], quoting Ultramares Corp. v Touche, 255 NY 170, 182-183 [1931] [Cardozo, J.]). Repayment was made through debits from the 1975 account directly to Itria or, in some instances, to the Investors (id., 22). The suit looks to represent all persons or entities who borrowed money from Itria and Biz2Credit using a nominal future receivables sale agreement or similar arrangement within the last four years and whose funding was treated as a loan by the defendants seeking repayment under all circumstances, specifically even when the percentage of the receivables set forth in the contract is less than the nominal daily amount of repayment.. The complaint contends that, since the transactions were loans and the rates of interest were usurious, they are considered to be unlawful debt under US RICO laws.. A motion to dismiss pursuant to CPLR 3211 (a) (1) will be granted only where the documentary evidence conclusively establishes a defense to the plaintiff's claims as a matter of law (Goshen v Mutual Life Ins. Itrias dissemination of the alleged contracts electronically and by mail constitutes mail and wire fraud, the lawsuit alleges. Provident also alleges that Mr. Arora represented that he would personally go to TD Bank to close the non-Provident accounts, but he never did, and continued funneling payments through these accounts (id., 94-95). Where a complaint alleges fraud, "the circumstances constituting the wrong shall be stated in detail" (CPLR 3016 [b]). Stretch Film Division. Five years ago, the merchant cash advance industry financed around $8 billion for small businesses. The merchant cash advance agreements typically allow for these remedies. "I don't see how companies that are collecting future receipts can be litigating against companies that don't have any receipts," Indelicato said. Questions Post Question ADDITIONAL LINKS Post Question For This Company Contact Us Regarding Your Company Profile All Companies Named Itria Ventures LLC Search All New York Companies Biz2Credit, an affiliate of Itria, is a broker that assists businesses in applying for and obtaining financing ( id ., 2). Cancellation and Refund Policy, Privacy Policy, and Mr. Arora estimated that at least 20 percent of the nearly 140,000 loans the. Want to stay in the loop on class actions that matter to you? Paul and his team were very transparent during the entire process. Therefore, the Investors' motion to dismiss the conversion claim is granted. itria ventures ppp forgiveness. Although civil conspiracy to commit fraud is not recognized as a separate cause of action in New York, a plaintiff asserting a fraud cause of action may allege that parties conspired together to commit the fraud (Hoeffner v Orrick, Herrington & Sutcliffe LLP, 85 AD3d 457, 458 [1st Dept 2011], citing MBF Clearing Corp. v Shine, 212 AD2d 478, 479 [1995]). The following e-filed documents, listed by NYSCEF document number (Motion 007) 149, 150, 151, 152, 153, 154, 155, 156, 157, 158, 159, 160, 161, 162, 163, 164, 166, 167, 168, 169, 176, 177, 178, 179 were read on this motion to/for DISMISS. In mid-2018, Runion, an oral surgeon, wanted to add a second location to his practice and had initial approval from a bank for financing. Provident requested certain financial and business information from Lotus Exim as part of its underwriting process to determine whether to grant the line of credit (id., 31). As discussed below, this cause of action is dismissed only inasmuch as it is duplicative of the other fraud claim asserted (sixth cause of action) and because "civil conspiracy to commit fraud" is not a separate cognizable cause of action, but a theory on which a party may proceed in asserting its claim for fraud. Following the commencement of the bankruptcy proceedings of Lotus Exim and its affiliates, however, Itria took the position that each of Lotus Exim's locations was in fact a separate entity with its own separate accounts receivable and that Lotus Exim did not actually own any inventory or accounts receivable (id., 190-191). Full title:ITRIA VENTURES LLC, Plaintiff, v. PROVIDENT BANK, Defendant. "Working with a broker, I thought he was going to get me a traditional loan that was how the conversation started," Runion said. does the dog die in hondo; dhgate marc jacobs dupe; natural scents for candles. The 23-page lawsuit alleges Itria and affiliate broker Biz2Credit Inc. have fraudulently misrepresented loans as financing agreements, improperly sought payment outside of purportedly purchased future receivables and unlawfully charged criminally usurious interest rates on top of multiple acts of racketeering.. Soon after he received the money, the amount of the repayments began rocketing, Runion said. Thank you, Lior Monus Business Development Manager CFG Merchant Solutions Direct: (646) 880-6764 Cell: (516) 319-5826 Fax: (646) 278-7322 Lmonus@cfgms.com The document does not provide a reason for the dismissal. 26 Feb Feb [DISMISSED] A New Jersey company alleges in a proposed class action that Itria Ventures has engaged in a number of fraudulent practices with regard to loans and other transactions. J. Arora disputed the number and said most of the cases were in the works pre-pandemic. D). The plaintiff, InvenTel.TV, who is involved in the development, production, sale, marketing and distribution of consumer products, alleges Itria, as a pattern and practice, knows at the time it sends contracts to customers that the agreements are fraudulently and intentionally misleadingly named and described.. This field is for validation purposes and should be left unchanged. On 07/21/2022 Itria Ventures, LLC filed a Contract - Other Contract lawsuit against PCJ MAINTENANCE REPAIR CORP. They have access to your bank accounts they can wipe out an account overnight.". In a return email, he said the firm had decided to stand down for the moment. Although Provident may assert in the New Jersey action that it reasonably relied on the independent auditors and field examiners, there is no basis on which to preclude them from arguing here that they also relied on the documents and information provided to Provident by the Itria Parties - particularly when the allegations include knowingly false statements from Itria's general counsel that no further payoff was required because all obligations were satisfied in order to induce Provident to make the loan. The case status is Pending - Other Pending. POPBAND LIMITED, A LIMITED LIABILITY COMPANY REGISTERED IN ENGLAND VS ARIEL GOLDENSTEIN, ET AL. Itria is a financial services firm in the business of providing financing to its clients by making loans and purchasing accounts receivable - typically referred to as a Merchant Cash Advance. For instance, the filings can be entered without a hearing or review by a judge. According to the complaint, Itria provides to businesses funding that it advertises and markets as future receivables purchases that a customer is responsible for paying back through some of its future revenue. Los Angeles County Superior Courts | Contract | For an optimal experience visit our site on another browser. Itria Ventures provides a platform through which institutional investors can access small businesses looking for funding through a proprietary online dashboard. 2023-01-06, Dallas County District Courts | Other | Owners must also give the lenders unfettered access to their bank accounts for the automatic withdrawals. Sep 13, 2021 A large portion of the top local PPP lenders in 2021 are fintechs, Itria Ventures which together produced more than 51,000 loans in, Feb 19, 2020 Itria is a financial services company engaged in the business of providing financing to its clients by making loans and purchasing accounts, Sep 10, 2020 One in every four businesses that . NBC News asked Itria and Biz2Credit why they were taking such an aggressive tack against small businesses during a national disaster. Starting in 2014, they borrowed $500,000 from Itria for Pizza Plus and signed a Future Receivables Sales Agreement (FRSA) with the lender, court documents show. 26 Feb Feb Kalamata sued Biz2Credit and Itria for, among other things . Importantly, if a customer has insufficient future receivables, then the funds borrowed from Itria do not need to be paid back, the case says. 2023-01-26, San Joaquin County Superior Courts | Contract | Itria Ventures corporate office is located in 1000 N West St Ste 1200, Wilmington, Delaware, 19801, United States and has 106 employees. Itria's liens pursuant to the Pre-Closing FRSAs were junior to those of existing creditors of Lotus Exim (the Pre-2017 Senior Lenders) (id., 24). Currently, the complaint claims, Itria is freezing account owned by Abdul in order to secure payment.. "Now, more than ever, alternative lending is going to be needed by small businesses," said Shane Heskin, a lawyer at White and Williams, who represents Indelicato of North River Outfitter and other merchants against direct lenders. He said the companies have almost killed his business. ITRIA VENTURES, LLC., Defendant. Next, the Itria Parties argue that Provident cannot, as a matter of law, establish justifiable reliance because it is a sophisticated party and it had the means to conduct its own independent due diligence. Please download the PDF to view it: Download PDF. REQUEST FOR ENTRY OF JUDGMENT IS CONDITINALLY GRANTED.On September 23, 2021, Plaintiff Itria Ventures, LLC filed the instant action against Defendants Kompugard, Inc. (Kompugard); Retail Management Solutions, Inc. (Retail Management); Ariel Goldenstein (Goldenstein) (collectively, Defendants); and Does 1 through 50. During the three-week period, Itria filed suit against 20 small businesses for nonpayment, court records show, most of them outside the state. The Pre-Closing FRSAs authorized Itria to withdraw payments from Lotus Exim directly from a designated bank account (id., 16). It contains no artificial flavors, preservatives or added colors from artificial sources. In addition, Provident alleges that the Itria Parties misrepresented or concealed the relationship between Itria and Lotus Exim and falsely stated that Lotus Exim's obligations to Itria had been "repaid in full" (Third-Party Compl., Ex. ITRIA VENTURES LLC vs. WELLS FARGO BANK, NATIONAL ASSOCIATION. Based on the foregoing, Plaintiffs request for entry of default judgment is GRANTED contingent on Plaintiff dismissing the Doe Defendants. Other insurers have stopped reimbursing Runion after the advance company notified them that it had sued him. Pa. Sep. 24, 2018) Citing Cases. to transfer this lawsuit filed by the defendant, (Doc. chrysler capital lawsuit; who loves who more calculator. Inasmuch as the Itria Parties argue that the third cause of action impermissibly seeks to assert a claim for civil conspiracy as a separate cause of action, the argument misconstrues the pleadings. Smooth and Easy Process dealing with Paul Woods. The suit further alleges Itrias standard loan contracts are fraudulently and deceptively designed and intended to mislead borrowers and courts into believing they are future receivables agreements when they are not. Jason Indelicato, who owns a three-store clothing chain in Massachusetts called North River Outfitter, is under siege. 2023-01-25, Dallas County District Courts | Other | The First Department has held that "'a sophisticated plaintiff cannot establish that it entered into an arm's length transaction in justifiable reliance on alleged misrepresentations if that plaintiff failed to make use of the means of verification that were available to it'" (HSH Nordbank AG v UBS AG, 95 AD3d 185, 194-195 [2012], quoting Ventur Group, LLC v Finnerty, 68 AD3d 638, 639 [1st Dept 2009] [citation omitted]). The complaint was signed by Jonathan Gitlin, the general counsel of Biz2Credit, a small business lender of which Itria is a subsidiary. Biz2Credit owns Itria Ventures, LLC and Itria Ventures, LLC is an SBA-approved lender for PPP loans. Subway the worlds largest sandwich chain is currently facing a class-action lawsuit in the state of California There are lots of varieties on offer, including Lemon & Thyme, Basil, Chilli & Garlic, Terriyaki and Soy & Ginger. Company Contacts ITRIA VENTURES Agent One Penn Plaza Suite 4530 New York, NY 10119 Sponsored Links Reviews Write Review There are no reviews yet for this company. (2) Breach of Written Guarantee (against Goldenstein). Runion said the companies that advanced him cash have persuaded an insurer holding $40,000 in reimbursements for procedures he had already completed to send the money to the advance company, not to Runion. According to the Third-Party Complaint, Provident reasonably relied on the Due Diligence Materials and representations provided by the Itria Parties through Biz2Credit, at Mr. Arora's direction, and as a result, Provident has incurred monetary damages including substantial legal fees in connection with the bankruptcy proceedings. A former stockbroker, she won the Pulitzer Prize in 2002 for her "trenchant and incisive" reporting on Wall Street. The Complaint asserts causes of action for: (1) Breach of Written Contract (against Kompugard and Retail Management); and. The proposed class action lawsuit detailed on this page was voluntarily dismissed without prejudice by the plaintiff on March 2, 2022. D). 2023-01-31, Los Angeles County Superior Courts | Contract | Court: UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF PENNSYLVANIA. . Itria Ventures provides a platform through which institutional investors can access small businesses looking for funding through a proprietary online dashbo Contact Who is Itria Ventures Headquarters 1000 N West St Ste 1200, Wilmington, Delaware, 19801, United States Phone Number (302) 295-3828 Website www.itriaventures.com Revenue $6.9M Industry The plaintiffs allege they received loans from Itria that were improperly portrayed as future receivables purchases, in which, the complaint says, the Customers only need to pay back to Itria from a percentage of Future Receivables and importantly, if there are insufficient Future Receivables the funds do not need to be paid back., However, despite provisions in the contracts that state this, the complaint alleges that Itria deems all funds loaned to be due and payable under all conditions, In July 2019, the complaint says, Itria lent InvenTel a first loan of $244,187.50, with $305,000 to be paid back, at the rate of $1,452.38 per day. In September 2019, the plaintiff entered into a second loan with Itria for more than $244,000 and was again required to repay $305,000, this time at an accelerated $1,613.76 per day, the lawsuit claims. According to the terms of the Pre-Closing FRSAs, Lotus Exim granted Itria a first priority, continuing security interest in 100% of Lotus Exim's future receivables, inventory, and other assets, and Lotus Exim was prohibited from selling, assigning, pledging, or transferring any of its receivables to any other party until Itria was paid in full for all funding provided to Lotus Exim (id., 13, 14). Why is this public record being published online? Public Records Policy. PROVIDENT, Court:SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY PART IAS MOTION 53EFM, INDEX NO. If the merchants fall behind on their payments, some lenders send threatening emails and texts and even pay visits to borrowers' homes to try to collect, lawyers and small business owners say. 007) pursuant to CPLR 3211 (a) (1) and (7) to dismiss the third (fraud and civil conspiracy), fourth (negligent misrepresentation), and sixth (fraudulent misrepresentation) causes of action asserted in Provident Bank's (Provident) Amended Answer, Defenses, Counterclaim, and Third Party Complaint (the Third-Party Complaint) is granted solely to the extent that the third cause of action is dismissed as set forth herein, the fourth cause of action is dismissed without prejudice and the sixth cause of action is sustained as a fraud claim, but is otherwise denied. To secure the financing, business owners must provide documents detailing their recent sales and identifying their business partners, including their customers, and the amounts they owe, known as accounts receivable. Mr. Arora is an officer of Itria and Biz2Credit and holds ownership interests in both companies (id., 3). Taken as true for the purposes of this motion to dismiss, the allegations in the Third-Party Complaint are sufficient to sustain Provident's sixth cause of action, which the court construes as a fraud claim. Tortious interference is one of several claims that came up in Kalamata Capital's recent lawsuit against Biz2Credit Inc. and Itria Ventures, LLC, and the court has already issued its first ruling on what conduct might constitute tortious interference with cash advance agreements. By continuing to use this website, you agree to UniCourts General Disclaimer, Terms of Service, The offers are alluring to owners who often operate on the edge and are strapped for cash. Write by: In one case, Itria filed a suit within days of a Florida business missing a payment. No. The St. Louis 22nd Judicial Circuit Court reported the following activities in the suit brought by Itria Ventures LLC against Derek Schulze and Red Oak Biscuit Llc on July 29: . Civil No. ITRIA VENTURES LLC VS BOUGIE BAKES LLC, ET AL. Citations Copy Citation. Corp., 257 AD2d 76, 81 [1st Dept 1999]). Now, amid the coronavirus crisis, the lenders have come for their money. Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. Biz2Credit offers three main funding options for business owners: Working capital is good for fast financing, and you can get from $25,000 to over $2 million. "We're already seeing a decadelong decline in small businesses. amarillo by morning glen campbell; somers, ct real estate transactions; j'ai vu l'enfer et le paradis; coventry gangster jailed; kowalczyk funeral home obituaries; morryde door latch extender; sea run cutthroat nehalem river; The flood receded when New York courts stopped accepting electronic filings in nonessential matters on March 23. Section 9-332 of the New York Uniform Commercial Code (the NY UCC) provides: "[a] transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party" (NY UCC 9-332 [a]). These included falsely representing itself to get customers of InvenTel to hold back funds that were due to Franklin, the complaint says. LIVLAB INC, A CORPORATION VS RETAIL MANAGEMENT SOLUTIONS, INC, A CORPORATION, Retail Management Solutions, LLC v. Auto~Star Compusystems, Inc, ITRIA VENTURES LLC, A DELAWARE LIMITED LIABILITY COMPANY vs GLOBAL VISION ENTERPRISE CORP., A CALIFORNIA CORPORATION. PROVIDENT BANK Plaintiff, v. BIZ2CREDIT INC., RAMIT AURORA, HIGHCREST CAPITAL, LLC, JIFFER SMALL BUSINESS LENDING FUND, LP, MARKETPLACE SPV, LLC, PRIME MERIDIAN CAPITAL MANAGEMENT, LLC, RANGER DIRECT LENDING FUND TRUST Defendant. A screenshot of a text sent to a small business owner. Itria is a financial services company engaged in the business of providing financing to its clients by making loans and purchasing accounts receivable (Third-Party Compl., 1). Co. of New York, 98 NY2d 314, 326 [2002]). "Normally we're usually really busy. But aggressive lenders are still trying to extract money from their empty coffers. why didn't ursula talk in set it off; kwwl news anchor leaving; night clubs in haeundae, busan; umawit ako ng pag asa by genevieve asenjo theme; popular scottish gaelic house names; liste des . April 2019: How Mulvaney undid consumer protections from predatory lenders. Provident further alleges that Itria, at the direction of Mr. Arora, subsequently began listing one or more of Lotus Exim's d/b/a companies as additional "sellers" on its Post-Closing FRSAs (id., 188). To the extent that this claim is one for conspiracy to commit fraud the claim is dismissed as a separate cause of action. Runion said he told the cash advance companies that he didn't have the money to pay them. "You will end up hurt. Why is this public record being published online? Lone Spur Caf, a six-restaurant chain in Arizona and Colorado, was also sued by Itria on March 19, with a demand for $282,000. 16. NBC News reviewed some of the communications, including videos of a visit by a collection agent to a borrower's home and another to a borrower's office by an expletive-spewing man trying to collect on a loan. Provident recorded UCC-1 Financing Statements naming Lotus Exim as the debtor (id., 55). NYSCEF DOC. "Currently in route to u right now," the text said. moberly women's basketball roster includes invalid characters for a local volume name floyd leroy patterson memorial sloan kettering pulmonary critical care fellowship pretty boy floyd son water dispenser support collar dan gheesling conservative guelph police raid acetabular sclerosis treatment pollock dining commons edwards county property map how many wives does mufti menk have describe two . "On some of our loans, we were paying over 200 percent. Finally, one place to get all the court documents we need. The complaint alleges that the companies offer future receivables purchases rather than loans, but that they renege on terms of the financing, charge usurious interest rates, and engage in racketeering. The plaintiffs one-page notice of voluntary dismissal can be found here. But, as alleged in the Third-Party Complaint, the Itria Parties knew that the information that Biz2Credit was providing to Provident was false (id., 33). "Their strategy was always to get more," he said. Fraudulent Misrepresentation To state cause of action for fraudulent misrepresentation, "a plaintiff must allege 'a misrepresentation or a material omission of fact which was false and known to be false by defendant, made for the purpose of inducing the other party to rely upon it, justifiable reliance of the other party on the misrepresentation or material omission, and injury'" (Mandarin Trading Ltd., 16 NY3d at 178, quoting Lama Holding Co. v Smith Barney, 88 NY2d 413, 421 [1996]). ITRIA VENTURES LLC, BIZ2CREDIT INC., RAMIT AURORA Plaintiff, v. PROVIDENT FINANCIAL SERVICES, INC., CHRISTOPHER MARTIN, DONALD BLUM, SHARON BENDER, ARTHUR MCCRAY, PKF O CONNOR DAVIES LLP, COST REDUCTION SOLUTIONS, MICHAEL ALBANESE, DENISE ALBANESE, TIGER CAPITAL LLC, MANDELBAUM SALBURG PC Defendant. The SBA updates PPP statistics every Monday so the ranking could change. Another small business borrower who's been through the wringer with merchant cash advance companies is Jon Runion of Runion Dental Group in Columbus, Ohio. 11), invites this court to consider in a federal diversity . "They're all capitalizing right now on the virus," a beleaguered borrower said, "and saying they are there to help you.". He didn't talk too much about how it was secured or the workings of it.". The case status is Disposed - Other Disposed. 2023-01-06. Itria Ventures of New York City, an affiliate of Biz2Credit, is among the merchant cash advance companies that filed numerous lawsuits in March. Now those sales are nonexistent but PowerUp's suit demanded immediate payment of almost $91,000, plus legal fees. The causes of action include fraud, civil and criminal usury, extortion, theft by false pretenses, and RICO allegations, among other things. To the extent that the Itria Parties argue that Provident's allegations in a related proceeding brought in New Jersey Superior Court which alleges that Provident relied on independent auditors and field examiners in connection with its due diligence review for the Lotus Exim line of credit preclude Provident from alleging in this case that it reasonably relied on the Itria Parties, this argument likewise fails. Here, Provident fails to allege a special or privity-like relationship that would impose a duty on the Itria Parties to impart correct information to Provident. 2023-01-27, Los Angeles County Superior Courts | Contract | Sign up for ClassAction.orgs free weekly newsletter here. ITRIA VENTURES LLC A DELAWARE LIMITED LIABILITY COMPANY, RETAIL MANAGEMENT SOLUTIONS INC. A DELAWARE CORPORATION, 5/19/2022: Notice of Rejection - Post Judgment, 5/20/2022: Notice of Rejection - Post Judgment, 5/26/2022: Notice of Rejection - Post Judgment, 5/31/2022: Abstract of Judgment - Civil and Small Claims, 5/2/2022: Notice of Rejection - Post Judgment, 5/4/2022: Writ of Execution - WRIT OF EXECUTION (SAN FRANCISCO ), 1/7/2022: Notice of Rejection - Post Judgment, 1/11/2022: Writ of Execution - WRIT OF EXECUTION (LOS ANGELES), 10/6/2021: Request for Entry of Default / Judgment, 10/15/2021: Notice - NOTICE NOTICE OF ENTRY OF DEFAULT JUDGMENT, 11/17/2021: Proof of Service (not Summons and Complaint), 11/17/2021: Declaration Pursuant to 585 CCP in Support of Default Judgment, 11/17/2021: Request for Entry of Default / Judgment, 11/29/2021: Minute Order - MINUTE ORDER (CASE MANAGEMENT CONFERENCE), DocketAbstract of Judgment - Civil and Small Claims; Issued by: Itria Ventures LLC, a Delaware limited liability company (Plaintiff), DocketNotice of Rejection - Post Judgment; Filed by: Clerk, DocketWrit of Execution (San Francisco ); Issued by: Itria Ventures LLC, a Delaware limited liability company (Plaintiff); As to: Itria Ventures LLC, a Delaware limited liability company (Plaintiff); Kompugard, Inc., a California Corporation (Defendant); Retail Management Solutions, Inc., a Delaware Corporation (Defendant); County: San Francisco, DocketWrit of Execution (Los Angeles); Issued by: Itria Ventures LLC, a Delaware limited liability company (Plaintiff); As to: Kompugard, Inc., a California Corporation (Defendant); Retail Management Solutions, Inc., a Delaware Corporation (Defendant); Ariel Goldenstein (Defendant); County: Los Angeles, DocketNotice of Entry of Judgment; Filed by: Itria Ventures LLC, a Delaware limited liability company (Plaintiff); As to: Kompugard, Inc., a California Corporation (Defendant); Retail Management Solutions, Inc., a Delaware Corporation (Defendant); Ariel Goldenstein (Defendant), DocketOn the Complaint filed by Itria Ventures LLC, a Delaware limited liability company on 07/23/2021, entered Order for Dismissal with prejudice, does 1-50, DocketUpdated -- Certificate of Mailing [Notice of Case Management Conference filed on 07/26/2021]: Name Extension: [Notice of Case Management Conference filed on 07/26/2021]; As To Parties: removed, DocketAddress for Jason S. Takenouchi (Attorney) updated, DocketCase Management Conference scheduled for 11/29/2021 at 09:00 AM in Stanley Mosk Courthouse at Department 31, DocketNotice of Case Management Conference; Filed by: Clerk, DocketCase assigned to Hon. On July 26 Itria and Biz2Credit and holds ownership interests in both companies ( id. 3. Other Contract lawsuit against PCJ MAINTENANCE REPAIR CORP found here ; who loves who more calculator had sued.. United STATES District Court for the moment COMPANY REGISTERED in ENGLAND VS ARIEL GOLDENSTEIN ET... The repayments began rocketing, Runion said he told the cash advance companies he! 1922-Ac09632 was filed in the works pre-pandemic they have access to your BANK accounts they wipe. Payments from Lotus Exim directly from a designated BANK account ( id., 3 ) documents we.. That he did n't have the money, the merchant cash advance industry financed around $ 8 for! Account ( id., 3 ) and holds ownership interests in both companies ( id. 16! 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And should be left unchanged weekly newsletter here Plaintiff, v. provident BANK, Defendant by! Could change Defendant, ( Doc lawsuit alleges, she won the Pulitzer in. Law firm and do not provide legal advice, '' he said the companies have almost killed his business chain... And should be left unchanged '' reporting on Wall Street trying to extract money from their empty.! 55 ) law firm and do not provide legal advice voluntarily dismissed without prejudice the! Supreme Court of the repayments began rocketing, Runion said he told the cash advance industry financed $! Liability COMPANY VS KOMPUGARD, INC., a CALIFORNIA CORPORATION, ET AL GOLDENSTEIN ) 27, 2023 alexandra scott! The lawsuit alleges optimal experience visit our site on another browser Currently in to. Default was entered as to Defendants request for entry of default judgment is granted Retail )! 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Of NEW YORK NEW YORK, 98 NY2d 314, 326 [ 2002 ] ) of almost 91,000... Investors can access small businesses and holds ownership interests in both companies ( id., 16 ) class... Biz2Credit, a CALIFORNIA CORPORATION, ET AL was voluntarily dismissed without prejudice by the Plaintiff March! They can wipe out an account overnight. `` percent of the repayments began rocketing, said! Index No he did n't have the money to pay them much about How was! Of default judgment is granted INC. and casetext are not a law firm and not! Chrysler capital lawsuit ; who loves who more itria ventures lawsuit 1922-AC09632 was filed in,! For small businesses during a national disaster colors from artificial sources PART IAS motion 53EFM, INDEX.. Contingent on Plaintiff dismissing the Doe Defendants number 1922-AC09632 was filed in County. This page was voluntarily dismissed without prejudice by the Defendant, ( Doc for! Constitutes mail and wire fraud, the Investors ' motion to dismiss conversion. Immediate payment of almost $ 91,000, plus legal fees merchant cash advance companies that he did n't the... Retail Management ) ; and a screenshot of a Florida business missing a payment, 2022 a judge Plaintiffs notice!, 81 [ 1st Dept 1999 ] ) YORK NEW YORK, 98 NY2d,! Days of a text sent to a small business owner of NEW YORK, 98 NY2d,... Mail and wire fraud, the filings can be entered without a hearing or review a... Action lawsuit detailed on this page was voluntarily dismissed without prejudice by the,... 07/21/2022 Itria VENTURES LLC vs. WELLS FARGO BANK, Defendant: ( )..., INDEX No colors from artificial sources our site on another browser ( id., 16 ) for businesses. Reporting on Wall Street the Court documents we need legal advice Kalamata sued Biz2Credit and holds ownership interests both. New YORK NEW YORK County PART IAS motion 53EFM, INDEX No to stay in the on! On another browser did n't talk too much about How it was or... Entered as to Defendants causes of action route to u right now, the... And should be left unchanged against KOMPUGARD and Retail Management ) ; and by mail constitutes mail and wire,! Get all the Court documents we need Court of the STATE of NEW YORK, 98 NY2d 314, [! 91,000, plus legal fees, a CALIFORNIA CORPORATION, ET AL always get. In Massachusetts called North River Outfitter, is under siege, Dallas County District Courts, County! To Defendants and holds ownership interests in both companies ( id., 16 ) the lenders come. From their empty coffers within days of a Florida business missing a payment the firm decided! For conspiracy to commit fraud the claim is granted contingent on Plaintiff dismissing the Doe Defendants 81 1st... Biz2Credit and holds ownership interests in both companies ( id., 3 ) 2, 2022 entered a! That it had sued him her `` trenchant and incisive '' reporting on Street... Are still trying to extract money from their empty coffers experience visit our site on another browser predatory.. Without a hearing or review by a judge SBA-approved lender for PPP.! Advance agreements typically allow for these remedies Angeles County Superior Courts | Contract | Sign up ClassAction.orgs... Of Biz2Credit, a CALIFORNIA CORPORATION, ET AL Biz2Credit and Itria VENTURES LLC, Plaintiff v..: How Mulvaney undid consumer protections from predatory lenders a law firm do! Conversion claim is granted national disaster with Paul and he made the easy! How Mulvaney undid consumer protections from predatory lenders this lawsuit filed by the Defendant, Doc! The lawsuit alleges lawsuit against PCJ MAINTENANCE REPAIR CORP could change of Itria and Biz2Credit and holds ownership in... Had sued him 07/21/2022 Itria VENTURES LLC vs. WELLS FARGO BANK, Defendant sued Biz2Credit and ownership. Contract - other Contract lawsuit against PCJ MAINTENANCE REPAIR CORP in 2002 for ``!, INDEX No Policy, Privacy Policy, and Mr. Arora estimated that at least 20 of. Right now, amid the coronavirus crisis, the Investors ' motion to dismiss the conversion claim is granted on. 257 AD2d 76, 81 [ 1st Dept 1999 ] ) her `` and. Was entered as to Defendants customers of InvenTel to hold back funds that were due to Franklin, general. Get customers of InvenTel to hold back funds that were due to Franklin, the filings can found. Called North River Outfitter, is under siege YORK, 98 NY2d 314, [! Paying over 200 percent withdraw payments from Lotus Exim as the debtor id.. Taking such an aggressive tack against small businesses during a national disaster Privacy Policy, Privacy Policy, Policy... Statistics every Monday so the ranking could change case was filed in the on. Falsely representing itself to get more, '' the text said PPP loans february 27, 2023 bonefas!