itria ventures lawsuit

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: . And the best part of all, documents in their CrowdSourced Library are FREE! 595072/2020. ITRIA VENTURES LLC, Plaintiff, v. PROVIDENT BANK, Defendant. Default is entered in the amount of $443,680.93 consisting of $405,300.04 in damages, $28,537.28 in prejudgment interest, $3,900.61 in costs, and $5,943.00 in attorney fees. That translates into $60,812.50 in interest in only 210 days or an annualized interest rate of approximately 43.29% which is well over any reasonable interest rate and fully criminally usurious, the complaint alleges. 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. No. Want to stay in the loop on class actions that matter to you? Itria filed its lawsuit against that client on March 19 in a New York court for $282,000. does the dog die in hondo; dhgate marc jacobs dupe; natural scents for candles. Biz2Credit owns Itria Ventures, LLC and Itria Ventures, LLC is an SBA-approved lender for PPP loans. Case number 1922-AC09632 was filed in the St. Louis 22nd Judicial Circuit Court on July 26. 3:14-CV-05403 | 2014-05-13, Riverside County Superior Courts | Contract | The complaint alleges that Itria knew that funds from customers went first to Franklin and not to InvenTel. When you receive your loan documents, you will see this company name on the contract. He didn't talk too much about how it was secured or the workings of it.". Citations Copy Citation. ABOUT PPP LOAN FUNDING All Biz2Credit originated PPP loans are funded by Biz2Credit's funding affiliate, Itria Ventures, LLC. On February 22, 2023 a Commercial - Contract case was filed by Itria Ventures Llc, represented by Gitlin, Jonathan S., against Aaron Reid, Sentient Decision Science, Inc., represented by in the jurisdiction of Kings County. 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. 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. 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.. Guar. In all cases, the businesses had stopped paying in March, although Itria Ventures said some of the defaults dated back months before the coronavirus clobbered operations and governments required that many nonessential companies close. ITRIA VENTURES LLC, A DELAWARE LIMITED LIABILITY COMPANY VS KOMPUGARD, INC., A CALIFORNIA CORPORATION, ET AL. I dealt with Paul and he made the process easy and smooth. During the three-week period, Itria filed suit against 20 small businesses for nonpayment, court records show, most of them outside the state. ClassAction.org is a group of online professionals (designers, developers and writers) with years of experience in the legal industry. Stretch Film Division. NOTICE OF DISMISSAL FOR WANT OF PROSECUTION, Cases involving agreements to pay a specific amount of money (promissory notes, loan and credit card agreements, checks, etc. abbvie ceo richard gonzalez wife; how far is haddonfield, illinois from chicago 2023-01-27, Riverside County Superior Courts | Contract | The case status is Pending - Other Pending. The proposed class action lawsuit detailed on this page was voluntarily dismissed without prejudice by the plaintiff on March 2, 2022. As of December 6, 2019, Itria had not paid its annual assessment. For example, Provident alleges that it used its in-house field examiners and an outside auditing firm to conduct due diligence. 263 PRESENT: HON. REQUEST FOR ENTRY OF JUDGMENT IS CONDITINALLY GRANTED. Rohit Arora, Biz2Credit's co-founder and chief executive, said in a telephone interview: "In some cases, we have to file these cases, but we also try to work with our customers. Filings Lawsuits Personal Injury Hot Topics Federal Court Legislation State Court Asbestos Contracts Medical Discipline Reform . what gas stations sell slush puppies what gas stations sell slush puppies The business owner, who did not agree to speak on the record, expressed shock upon learning from the DCNF of the lawsuit, saying they were under the impression they had worked out a payment plan with . "I will put you in the hospital and your family, call the police I don't care, you and your family will pay." 008) pursuant to CPLR 3211 (a) (7) to dismiss the fifth cause of action (conversion) is granted and the fifth cause of action is dismissed without prejudice. With respect to Mr. Arora in his individual capacity, he is alleged to have personally pressured Provident, orally and in writing, to extend funding to Lotus Exim, claiming that Provident would lose Lotus Exim's business if it did not oblige, and to have furthered the scheme by pretending to assist Provident as an intermediary between Provident and Lotus Exim while secretly engaging in self-dealing to the detriment of Provident (Third-Party Compl., 149, 157). And, Provident further alleges that the Itria Parties knowingly provided false information to Provident reflecting that Lotus Exim owned $6,000,000 of inventory between its three locations knowing that Provident would rely on this information in making its underwriting determination, with the intention of later claiming that the inventory was actually owned by three separate and distinct entities and did not belong to Lotus Exim. 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). Merchant cash advance companies like PowerUp aggressively cold-call, email and text small business owners offering quick and easy funding, merchants told NBC News. Write by: 2023-01-10, Harris County District Courts | Contract | But the bank backed out after he had signed a new lease and begun construction on the second office, and by spring of last year, Runion said, he desperately needed funding. This class action involves financing provided to businesses by Itria Ventures, LLC and Biz2Credit, Inc. C at 2). To establish a cause of action for fraud, a plaintiff must allege that (i) the defendant made a material misrepresentation of fact, (ii) with knowledge of its falsity, (iii) an intent to induce reliance, (iv) justifiable reliance by the plaintiff, and (v) damages (Eurycleia Partners, LP v Seward & Kissel, LLP, 12 NY3d 553, 559 [2009]). "We went from having good credit and eight or nine stores to having bad credit and three stores," Indelicato said in an interview. 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. Cancellation and Refund Policy, Privacy Policy, and He said the companies have almost killed his business. Shortly after NBC News spoke with Arora, Itria withdrew its court actions against Lone Spur and other small businesses, court records show. Los Angeles County Superior Courts | Contract | 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 . On March 23, Kayla Kight, a server at a Lone Spur in Prescott, Arizona, told NBC News that hers was the only restaurant in the group open for business and that it was just providing takeout. 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. chrysler capital lawsuit; who loves who more calculator. "On some of our loans, we were paying over 200 percent. Date of experience: January 10, 2023. 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. Pursuant the Pre-Closing FRSAs, Itria extended financing to Lotus Exim by factoring Lotus Exim's accounts receivable (id.). 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]). Court: UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF PENNSYLVANIA. Other insurers have stopped reimbursing Runion after the advance company notified them that it had sued him. Hurt bad," one text said. 26 Feb Feb A lender is. 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; 2023-01-27, Los Angeles County Superior Courts | Contract | Taken as true, the allegations in the Third-Party Complaint are sufficient to satisfy the requirement to plead that the Itria Parties made affirmative, material misrepresentations of fact, and not just omissions. 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. In addition, Provident alleges that the Itria Parties actively and intentionally concealed the existence of the 1975 Account, so that Itria could continue receiving payments from Lotus Exim without alerting Provident to the ongoing relationship between Itria and Lotus Exim. The plaintiffs in this case are InvenTel.tv, LLC, a direct-response television marketing company, and Yasir Abdul, its CEO. An email to PowerUp requesting comment received no response. Repayment was made through debits from the 1975 account directly to Itria or, in some instances, to the Investors (id., 22). 2023-01-26, San Joaquin County Superior Courts | Contract | 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. 2023-01-25. Gretchen Morgenson is the senior financial reporter for the NBC News Investigative Unit. Mr. Arora is an officer of Itria and Biz2Credit and holds ownership interests in both companies (id., 3). Biz2Credit, Itria Ventures LLC and John Does 1-10 are collectively referred to as "Itria". Finally, one place to get all the court documents we need. The complaint claims Itria required Abdul to personally guarantee both loans. "The coronavirus crisis is putting millions of small businesses in a precarious situation, and I'm really worried that loan sharks are exploiting the situation," said Rohit Chopra, one of the five commissioners who run the Federal Trade Commission. John Does 1-10 are fictitious names for individuals associated with either Itria Ventures LLC, Biz2Credit Inc., or both of them. 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.. Itria Ventures LLC (Itria), Biz2Credit Inc. (Biz2Credit), and Ramit Arora's (Arora, together with Itria and Biz2Credit, collectively, the Itria Parties) motion (Mtn. why is my cookies pen blinking purple is there mobile coverage across the nullarbor university of richmond women's basketball: schedule 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. But there's nobody outside.". 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.. Some companies' aggressive, even menacing, collection techniques are documented in video, recordings and emails provided to NBC News. "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. 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). Owners must also give the lenders unfettered access to their bank accounts for the automatic withdrawals. Here, Provident alleges that the Itria Parties' conduct consisted not simply of omissions but of active concealment of critical information and affirmative misrepresentations of material fact. Contact/Customer Service phone number: (302) 295-3828 Headquarters: 1000 N West St Ste 1200, Wilmington, Delaware, 19801, United States ; Phone Number: (302) 295-3828 ; Website: www.itriaventures.com ; Revenue: $6 007 008. 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. Court documents show that amid the pandemic, so-called merchant cash advance companies are pursuing legal claims against owners that freeze their bank accounts and are pressing their family members, neighbors, insurers, distributors even their customers for money the lenders say they're owed. In one case, Itria filed a suit within days of a Florida business missing a payment. Unless Congress extends the program, it runs through the end of March. POPBAND LIMITED, A LIMITED LIABILITY COMPANY REGISTERED IN ENGLAND VS ARIEL GOLDENSTEIN, ET AL. Yolanda Orozco in Department 31 Stanley Mosk Courthouse, DocketComplaint; 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), DocketSummons on Complaint; Issued and 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), DocketCivil Case Cover Sheet; 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), DocketNotice of Case Assignment - Unlimited Civil Case; Filed by: Clerk, Case Number: *******7216 Hearing Date: November 29, 2021 Dept: 31. ITRIA VENTURES LLC vs HELPING HANDS HOME HEALTH SERVICE. Five years ago, the merchant cash advance industry financed around $8 billion for small businesses. 47 6 thatphanom.techno@gmail.com 042-532028 , 042-532027 But in this case, Provident alleges that it did make use of the means of verification that were available to it. The argument, however, fails. Itria Ventures of New York City, an affiliate of Biz2Credit, is among the merchant cash advance companies that filed numerous lawsuits in March. On 12/16/2021 ITRIA VENTURES, LLC filed a Contract - Debt Collection lawsuit against NEW WORLD WHOLESALE INC . February 27, 2023 alexandra bonefas scott No Comments . 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). Mr. Arora directed Biz2Credit to connect Lotus Exim with Provident to secure financing to Lotus Exim to satisfy the Pre-2017 Senior Lenders and ensure that Itria would be paid on its Pre-Closing FRSAs (id., 27). Why is this public record being published online? The most common arrangements between these companies and small business borrowers aren't technically loans, and therefore their terms and the companies offering them aren't regulated. 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. 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. Provident asserts a fraud cause of action (the sixth cause of action), which is well-accepted under New York law, and simply alleges that the Itria Parties conspired together to commit the fraud, which is entirely permissible. They have access to your bank accounts they can wipe out an account overnight.". He provided a photo to NBC News. PROVIDENT, Court:SUPREME COURT OF THE STATE OF NEW YORK NEW YORK COUNTY PART IAS MOTION 53EFM, INDEX NO. These ultra-high criminally usurious interest rates shock the conscience and should not be condoned, the complaint reads, alleging Itria commonly charges similar usurious interest rates on the loans it makes to all proposed class members. The notice warned that failure to pay the assessment would result in summary revocation of Itria's license. 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 . If revenue dries up and the money stops flowing, merchant cash advance companies can freeze business owners' accounts by filing so-called confessions of judgment. Plaintiff has submitted the requisite documentation and provided sufficient evidence to support the judgment sought. The agreements are enforceable contracts the borrowers have agreed to, lawyers say, but some of the aggressive collection practices, such as visiting borrowers' homes, aren't legal, they contend. For an optimal experience visit our site on another browser. turkey club sandwich nutrition Uncovering hot babes since 1919.. robert kardashian funeral pictures. IE 11 is not supported. 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. Runion said he told the cash advance companies that he didn't have the money to pay them. 30494 (N.Y. Sup. to transfer this lawsuit filed by the defendant, (Doc. A New Jersey-based direct-response television marketing 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. Court filings in New York state show at least 313 legal actions brought by 98 companies from March 9 to March 20. They are filed without a business' knowledge; merchants often learn about them when they try to pay their employees and find their accounts blocked, the lawyers say. It contains no artificial flavors, preservatives or added colors from artificial sources. 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). Public Records Policy. 26 Feb Feb Read our Newswire Disclaimer. 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. 595127/2019 Second Third-Party Index No. "I tried to make it work," he said, "but I really was unable to.". Therefore, the Investors' motion to dismiss the conversion claim is granted. Provident's negligent misrepresentation cause of action is therefore dismissed. NO. However, the complaint alleges, Itria insisted on repayments no matter what. Biz2Credit, an affiliate of Itria, is a broker that assists businesses in applying for and obtaining financing ( id ., 2). The Judge overseeing this case is MOYE', ERIC. 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]). The class for this action is all persons or entities who borrowed money from Itria Ventures or Biz2Credit using a nominal future receivables sale agreement or similar arrangement, between February 8, 2018 and February 8, 2022, whose funding was treated as a loan by Itria and Bz2Credit who sought repayment under all circumstances, even when the percentage of receivables set forth in the contract is less than the nominal daily amount of repayment. Public Records Policy. Mr. Arora estimated that at least 20 percent of the nearly 140,000 loans the. Biz2Credit's Due Diligence Materials reflected approximately $14,000,000 in accounts receivable owned by Lotus Exim (id., 32). Itria Ventures LLC | The Department of Financial Protection and Innovation Itria Ventures LLC License or Case Number: CFL # 60DBO-35839 Date of Initial Action: 12/30/19 Defendants/Respondents: Itria Ventures LLC Contact/Customer Service phone number: (302) 295-3828 Documents: 12/30/19 - Order Summarily Revoking (PDF) 03/23/20 - Consent Order (PDF) On March 27, NBC News contacted Bernard Feldman, a lawyer for PowerUp Lending, about the Indelicato case. The Judge overseeing this case is YOLANDA OROZCO. The funds were deposited into a TD Bank account in the name of Lotus Exim, with an account number ending in -1975 (the 1975 Account) (id., 19). Some business owners said they are being swamped with new texts and emails offering funds. does the dog die in hondo; dhgate marc jacobs dupe; natural scents for candles. Will be used in accordance with our terms of service & privacy policy. From 2014 through 2017, Itria entered into a series of Future Receivables Sale Agreements (the Pre-Closing FRSAs) with Lotus Exim International, Inc. (Lotus Exim) (id., 10; Third-Party Compl., Ex. Here, Provident alleges that Biz2Credit, at the direction of Itria and Mr. Arora, represented to Provident that Lotus Exim conducted business at three locations and owned all of the inventory at each location, together with the accounts receivable therefrom, with a total value of $6,000,000, and that it provided such materials and information to Provident to induce it to issue the line of credit to Lotus Exim (Third-Party Compl., 184-186). 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 Pre-Closing FRSAs authorized Itria to withdraw payments from Lotus Exim directly from a designated bank account (id., 16). Another text to the owner included a Google map showing a driving route the debt collector was taking to the borrower's home. Mr. Arora and Corey Falkin, an employee of Itria, acting as representatives of Biz2Credit, introduced Lotus Exim to Provident (id., 28). "They're all capitalizing right now on the virus," a beleaguered borrower said, "and saying they are there to help you.". It became a cycle of death. The crux of the lawsuit is Kalamata's claim that Biz2Credit secretly referred Kalamata's merchants to Biz2Credit's closely related company, Itria, and intentionally induced those merchants to stack additional cash advances in breach of the merchants' contracts with Kalamata, despite an alleged agreement between with Kalamata and Biz2Credit that Small businesses have borrowed billions from unregulated merchant cash advance companies. ), ITRIA VENTURES, LLC vs. NEW WORLD WHOLESALE INC., et al, Disposition: Judgment; Judicial Officer: MOYE', ERIC; Judgment Type: NON-SUIT/DISMISSAL BY PLAINTIFF / PETITIONER; Judgment: Total Judgment:; of $0.00: Awarded To:; ITRIA VENTURES, LLC: Awarded Against:; ITRIA VENTURES, LLC, DISMISSAL FOR WANT OF PROSECUTION; Judicial Officer: MOYE', ERIC; Hearing Time: 2:00 PM; Cancel Reason: CASE CLOSED, CITATION; Unserved: Anticipated Server; ESERVE: Anticipated Method; Comment: ADEEL MEMON, CITATION; Unserved: Anticipated Server; ESERVE: Anticipated Method; Comment: MAFHH DISTRIBUTOR #1 LLC, CITATION; Unserved: Anticipated Server; ESERVE: Anticipated Method; Comment: NEW WORLD WHOLESALE INC, Financial info for ITRIA VENTURES, LLC : CREDIT CARD - TEXFILE (DC); Receipt # 83073-2021-DCLK; ITRIA VENTURES, LLC $316.00, Financial info for ITRIA VENTURES, LLC : Transaction Assessment; ; $316.00, Financial: ITRIA VENTURES, LLC ; Total Financial Assessment $316.00 ; Total Payments and Credits $316.00. 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