Marcellous S. McZeal Defends MCA Borrowers
Houston, Texas — Attorney, Marcellous S. McZeal of Grealish & McZeal P.C. is representing business owners in disputes involving Merchant Cash Advance (MCA) companies, including matters in federal courts in New York, Texas and Virginia.
Mr. McZeal’s representation in this area focuses on protecting business owners who face MCA agreements that may function as disguised loans and potentially involve unlawful interest charges aka usury under applicable state law.
Merchant Cash Advances are commonly structured as purchases of a business’ future receivables rather than traditional loans. However, the legal characterization of a transaction can become notable when the terms and repayment obligations flow in a manner that resembles a loan.
In such circumstances, he examines the substance of the transaction and the law applicable to the dispute to determine what protections and legal remedies may be available to the borrower.
Mr. McZeal Represents Borrowers in MCA Disputes
Mr. McZeal is an experienced commercial litigator. His representation of MCA borrowers is part of his broader practice defending businesses and individuals in complex disputes.
In MCA matters, the applicable jurisdiction can be particularly important. McZeal represents borrowers in New York and Texas, where state usury laws can provide protections against transactions that are determined to constitute loans carrying unlawful interest.
The distinction can have meaningful consequences for business owners. An agreement described as a merchant cash advance may be treated differently under the law depending on the facts of the transaction, the parties involved, and the jurisdiction governing the dispute.
State Law Can Affect the Available Protections
The legal protections available to commercial borrowers are not the same in every state. New York and Texas provide statutory protections that can become relevant when a business challenges an MCA transaction as a disguised usurious loan.
By contrast, states such as Ohio, Virginia, and Utah generally do not provide the same usury protections for commercial loans.
For this reason, he brings up the urgency of examining both the transaction itself and the appropriate legal forum when representing businesses involved in MCA disputes.
Protecting Businesses Through Federal Litigation
When a business believes an MCA agreement has resulted in unlawful financing obligations, litigation may provide a means to challenge the transaction and assert the protections available under applicable law.
Mr. McZeal’s representation of MCA borrowers demonstrates his broader commitment to protecting businesses from unlawful commercial practices and pursuing appropriate legal remedies through litigation.
About Marcellous S. McZeal
Marcellous S. McZeal is a skillful Houston litigator and trial lawyer with 29 years of experience in commercial litigation. He serves as Managing Partner of Grealish & McZeal, P.C. since 2014 and as an Associate Municipal Court Judge for the City of Houston from 2013 to 2021. He is admitted to practice before Texas state courts, federal districts in Texas, the Fifth Circuit, and the U.S. Supreme Court.
Media Contact
Marcellous S. McZeal
Grealish & McZeal, P.C.
Houston, Texas
Email: [email protected]
Website: https://grealishmczeal.com/
Disclaimer: This content is for informational purposes only and does not constitute legal, financial, or professional advice. Readers should conduct their own research and consult qualified professionals before making any decisions regarding merchant cash advances or related financial matters.