Welcome to the MCA Jungle


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Thursday, March 14, 2024 12:00 PM - 1:00 PM   iCalendar Eastern Standard Time

Welcome to the MCA Jungle: An Analysis of MCAs, the Problems MCAs Often Cause, and Some Potential Solutions to Those Problems

Panelists
Ken Yager, Founder of Newpoint Advisors Corporation
Joseph Brown, Insolvency Attorney at Fausone & Grysko
Karen Small, Commercial Finance Partners

Yager and Brown will discuss what MCAs are, how they operate, the damage that they can cause both to clients and to the preexisting positions of other financial service providers, and the economic and legal weaknesses of a typical MCA position. Tactics and strategies for dealing with MCAs will be developed using both practical real-world examples and legal concepts. The webinar is intended to be especially useful to borrowers or secured lenders who may already experience MCA related problems and need a more sophisticated understanding of what to do next.

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Event Cancellation Policy

Requests for refunds must be made in writing no later than 48 hours prior to the date of the event (e-mail is acceptable). No cancellations will be accepted within 48 hours of the event. Substitutions are allowed and must be submitted in writing (e-mail is acceptable). The substitute must be from the same firm as the original registrant and, if the substitute is not a TMA Member, the difference in registration fee will be required. Please note that if you register for the event after the cancellation deadline has passed, you will not be eligible for a refund should you need to cancel your registration. The cancellation policy applies to all registrants regardless of when the registration is submitted. Registrants who fail to attend the event and do not provide written notice in accordance with these policies and deadlines are responsible for full payment.

Amanda Rymiszewski, Chapter Executive
detroit@turnaround.org
313.910.5066