Month: August 2021

The worst place to settle merchant cash advance disputes is out of state, so fix your contracts already!

Our previous article discussed the predictability of usury-related litigation involving Merchant Cash Advance Agreements (MCAs) with choice clauses from New York law to New York, even though we thought things would turn out to be. (a little) crazier. But New York is not the only forum in which MCA customers (called “merchants”) claim usury rights. […]

SEC charges 2 companies Floridian into merchant cash advance Ponzi scheme

The Security and Trade Commission (SEC) filed emergency action and obtained a temporary restraining order, an asset freeze and the appointment of a receiver to stop an alleged Ponzi scheme and the embezzlement of investor income perpetrated by Coral Springs , Florida resident Johanna M. Garcia and two entities that it controls. According to the […]

Philadelphia Department of Social Services Increases Pandemic Cash Assistance Payment | Human Services Department

Philadelphia cream – Today, the Philadelphia Department of Human Services (DHS) is announcing an increase in the amount of payments for its pandemic assistance program. The new, higher payment of $ 800 will support current and former foster youth and adults. DHS will make payment by gift card to eligible applicants. Eligibility, which has also […]

Duterte approves 3.9 billion pesos in additional cash assistance for Bataan, Laguna, NCR

STAR PHILIPPINE / BOY SANTOS PRESIDENT RODRIGO R. Duterte approved an additional 3.873 billion pesos for cash assistance to poor families in the National Capital Region (NCR), Bataan and Laguna, which have been placed under the most lockdown parameters. strict, known as enhanced community quarantine (ECQ). Deputy Budget Secretary Rolando U. Toledo said Thursday that […]

Black women with children excluded from federal cash assistance program ⋆ Michigan Advance

WASHINGTON – One new research paper examined how each state implemented a federal program that provided cash assistance to low-income families for the past 25 years – and found that black women with children were repeatedly excluded. In a call with reporters Wednesday, policy experts from the Center on Budget and Policy Priorities discussed how […]

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