[abfunders]

Well, I can't say I'm not jealous of the brokers for these deals in theory, but it would be interesting to know what actually happened:

https://www.inquirer.com/news/par-fu...outputType=amp

[Kevin Henry-Seacoast]

Well, I can't say I'm not jealous of the brokers for these deals in theory, but it would be interesting to know what actually happened:

https://www.inquirer.com/news/par-fu...outputType=amp

Jealous of the brokers until the receivers and trustees call them and claw back the commissions on deals..... They can and probably will......

[Yankeeman07]

Why would brokers get clawed back - ? They are 1099 Contractors and if the article is correct, most of Par Funding went to a limited number of companies. For all the hype behind Par, it does not appear they had many funded deals

[Kevin Henry-Seacoast]

Why would brokers get clawed back - ? They are 1099 Contractors and if the article is correct, most of Par Funding went to a limited number of companies. For all the hype behind Par, it does not appear they had many funded deals

Any trustee/receiver worth their salt can and will chase cash by any means. If you placed a deal for a "subject" company and they defaulted, you can cool believe the trustee/receiver is going to attempt to get the commissions back. 1099 or not.