[whiterabbit]

Is this the result of the wording in their contracts itself that caused this shake up?

It looks like it has more to do with the fact that they didn’t ever really reconciliate even when the merchant asked them to do so. That they added the clause in the contract but never had any intentions of actually purchasing the receivables at a specified percentage, but rather daily fix payments. They mention from multiple witnesses in the company that the % was just made up number and that the daily fixed payments were all they cared about,