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EMA FINANCIAL, LLC v. NFUSZ, INC.

18 Civ. 3634 (NRB).

509 F.Supp.3d 18 (2020)

EMA FINANCIAL, LLC, Plaintiff, Counterclaim Defendant, v. NFUSZ, INC., Defendant, Counterclaim Plaintiff.

United States District Court, S.D. New York.

Signed December 22, 2020.

Attorney(s) appearing for the Case

Richard William Nicholson, Jr., Kerrin Teneyck Klein, Thomas James Fleming, Olshan Frome Wolosky LLP, New York, NY, for Plaintiff, Counterclaim Defendant.

Mark R. Basile, Marjorie Santelli, The Basile Law Firm P.C., Jericho, NY, for Defendant, Counterclaim Plaintiff.

MEMORANDUM AND ORDER

This litigation, between lender EMA Financial, LLC ("EMA" or "plaintiff") and borrower NFusz, Inc. ("NFusz" or "defendant"), concerns two substantially similar transactions whereby EMA made a loan to NFusz in exchange for (1) a one-year note bearing interest convertible...

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