PAYCATION TRAVEL, INC. v. GLOBAL MERCHANT CASH, INC.

2019-12182. Index No. 52579/17.

192 A.D.3d 1040 (2021)

141 N.Y.S.3d 319

2021 NY Slip Op 01782

Paycation Travel, Inc., Respondent, v. Global Merchant Cash, Inc., Appellant.

Appellate Division of the Supreme Court of New York, Second Department.

Decided March 24, 2021.


Attorney(s) appearing for the Case

Abraham Esq. PLLC, New York, NY ( Joshua E. Abraham of counsel), for appellant.

Austin, J.P., Hinds-Radix, Connolly and Brathwaite Nelson, JJ., concur.


Ordered that the order is reversed insofar as appealed from, on the law, with costs, and that branch the defendant's motion which was for summary judgment dismissing so much of the first cause of action as alleged criminal usury in violation of Penal Law § 190.40 is granted.

In May 2016, the plaintiff allegedly entered into a merchant funding agreement (hereinafter the agreement) with the defendant pursuant to which the defendant disbursed funds in exchange for...

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