INTEREST RATE CONFLICT – White and Williams filed a RICO civil lawsuit in New York’s Southern District Court on Tuesday against Evan Marmott and his two cash advance companies Yes Funding Services and Cap Call. The lawsuit, filed on behalf of FTE Networks and other companies, accuses the defendants of engaging in a scheme to defraud merchants of millions of dollars through deceptive “merchant agreements” that were in fact loans that needed to be repaid within a short period of time at interest. rates greater than 1500%. Lawyers have yet to appear for the defendants. The case is 1:22-cv-02314, Lateral Recovery LLC et al c. Cap Call LLC et al. Stay on top of the latest deals and litigation with the new Law.com Radar.
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THE FIGHT FOR HUMAN RIGHTS IN UKRAINE – Quinn Emanuel Urquhart & Sullivan has been appointed counsel for Ukraine in interstate proceedings against the Russian Federation at the European Court of Human Rights in Strasbourg, reports James Carstensen of Law.com International. The firm represents Ukraine pro bono. This action follows Ukraine’s successful litigation before the International Court of Justice, the highest court of the United Nations, which ordered Russia to immediately halt its military operations. Covington & Burling is representing Ukraine in these proceedings, which are ongoing. Ukraine initially sent a request on February 28 to the ECHR, also known as the Strasbourg Court, asking for urgent interim measures with regard to “the massive violations of human rights committed by Russian troops during the military aggression against sovereign territory”. of Ukraine”, which the court granted. The court found that Russia’s military action against Ukraine “gives rise to a real and continuing risk of serious violations” of the rights of the civilian population under the European Convention on Human Rights. Ukraine and the Russian Federation are parties to this agreement. Quinn Emanuel’s team is led by partners Alex Gerbi and Julianne Hughes Jennett.