Results 1 to 25 of 74
Threaded View
-
09-13-2017, 06:58 PM #37Karen37aGuest
This again comes down to "tortious interference"
Courts in the past have made a distinct difference between legitimate competition and unlawful
interference.
These cases have been going on with loans...commercial lending for decades. 1st position, 2nd position.
Most just had to prove they have a "lawful business interest"...certain jurisdictions have specific laws
The Lender had to establish that they had a legitimate business purpose, not malice or “disinterested malevolence" which technically is an evil purposeful intent to harm.
they have used this as a weapon to stop the seconds( loans) but Ive seen it be "summarily dismissed"
Ive also seen someone come back with a malicious prosecution defense off of a baseless claim
( My experience is with commercial and residential lending in regards to these matters , not mcas)
*not legal advice just past observationLast edited by Karen37a; 09-13-2017 at 07:09 PM.
Similar Threads
-
Rapid Advance
By CannonCap in forum Merchant Cash AdvanceReplies: 2Last Post: 12-03-2015, 01:58 PM -
SBFS = Rapid or BFS?
By ADiamond in forum Merchant Cash AdvanceReplies: 3Last Post: 07-02-2015, 02:50 PM -
Rapid Advance Banner Ads
By debtman222 in forum Merchant Cash AdvanceReplies: 3Last Post: 05-30-2014, 07:44 AM -
Rapid Advance (MD)
By Jared_Weitz in forum Merchant Cash AdvanceReplies: 12Last Post: 05-21-2014, 06:18 PM -
first national television campaign rapid advance
By CO1 in forum Merchant Cash AdvanceReplies: 7Last Post: 05-21-2013, 11:56 AM