MCA was appointed by the court as receiver over a distressed-flagged hotel property following a loan default by the ownership entity. The secured loan included participation by a commercial bank and the SBA. The property’s financial condition had deteriorated significantly over time, including unpaid federal and state taxes and vendor...
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MCA Financial Group served as Assignee to a mid-sized furniture distributor in connection with an Assignment for the Benefit of Creditors (ABC). The distributor supplied furniture to e-commerce platforms and major retailers in North America, operating from a central warehouse and sourcing products internationally. In 2024, it generated $48.9 million...
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