October 2024 - The Nuances of Merchant Cash Advance Under the UCC

Our 2nd program of the year will feature Nicolette Cohen and Bob Zadek of Buchalter. This program offers a comprehensive examination of Merchant Cash Advances (MCAs), with a particular emphasis on the associated legal complexities. We will address critical topics, including: Marshalling Assets: Key considerations for MCA creditors, including the ability to compel senior lenders to pursue remedies. Notification Requirements: Essential protocols regarding account debtors. Priority Issues: Analyzing implications related to deposit accounts. Usury Considerations: Navigating legal limitations on interest rates pertaining to MCAs. Role of Debt Consolidators: Understanding their influence within the MCA framework. Comparisons to Other Lending Products: Asset based lending, factoring, installment lending, unsecured loans. Underwriting: Standards, speed. Tailored for legal professionals and industry representatives, this program aims to enhance your understanding of MCAs while equipping you with the necessary tools to navigate their complexities effectively. Join us to deepen your expertise in this dynamic and evolving field. Presenters: Nicolette Cohen, Buchalter Bob Zadek, Buchalter