Stacking Lawsuits
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  1. #1
    Senior Member Reputation points: 338677
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    Quote Originally Posted by soscap View Post
    It's hard to make the tortious interference argument on a Cash Advance since you're purchasing a percentage of his future receivables. So for example if you were to purchase 100% of his future cash (would never happen) and then got stacked you'd have an easier time making a case.
    The Senior Lender can sue because in most cases all the assets are secured.

  2. #2
    Senior Member Reputation points: 2496
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    Quote Originally Posted by kevinhenry0527 View Post
    The Senior Lender can sue because in most cases all the assets are secured.
    There is no lender in MCA it's not a loan. And nothing is secured other than the rights to the future cash.
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

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