Legal Opinion
Division 5, LLC v. Fora Financial Advance LLC
District Court, S.D. New York
Decided May 30, 2025No. 1:24-cv-06870Unknown
1Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK DIVISION 5, LLC, Plaintiff, 24-CV-6870 (JPO) -v- OPINION AND ORDER FORA FINANCIAL ADVANCE LLC, Defendant. J. PAUL OETKEN, District Judge: Plaintiff Division 5, LLC (“Division 5”) brought the present action to enjoin a collection of payments due to Defendant Fora Financial Advance LLC (“Fora”) under an allegedly unlawful Merchant Cash Advance (“MCA”) contract (the “Agreement”). The Court previously granted a temporary restraining order and preliminary injunction preventing enforcement of the Agreement. See Div. 5, LLC v. Fora Fin.…
2Cases cited24 opinions
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- Gilmer v. Interstate/Johnson Lane Corp.Supreme Court of the United States · 1991
- Vaden v. Discover BankSupreme Court of the United States · 2009
- Meyer v. Uber Technologies, Inc.Court of Appeals for the Second Circuit · 2017
- Katz v. Cellco PartnershipCourt of Appeals for the Second Circuit · 2015
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