On-Demand Video
CC

Merchant Cash Advance Companies: The New “LENDER” in the Post-COVID World (Bankruptcy Institute 2025 session)


  • City:
  • Start Date:2025-10-24 06:15:00
  • End Date:
  • Length:
  • Level:Intermediate
  • Topics:Bankruptcy

$79.00 ProPass

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Credit States Status Credits Earn credit until

This program is eligible for 1 hour of CLE credit in 60-minute states. In 50-minute states, this program is eligible for 1.2 hours of CLE credit. Credit hours are estimated and are subject to each state’s approval and credit rounding rules.

Overview

An examination of Merchant Cash Advance Companies (“MCAs”) in the context of Chapter 11 bankruptcies.  This panel will provide an overview of MCAs and their impact on whether to file for bankruptcy relief and how to treat them in a Chapter 11 Bankruptcy.  Also, this panel will examine MCAs with a discussion as to (1) pre-bankruptcy considerations (traditional Chapter 11 and Sub V bankruptcy); (2) first day Motions; and (3) Plan / Confirmation Considerations.

Recorded in October 2025.

Faculty

Hon. Patricia M. Mayer

Judge Mayer was appointed on March 11, 2020, to the United States Bankruptcy Court for the Eastern District of Pennsylvania, Reading Division. Prior to joining the bench, Judge Mayer focused her practice on representing individuals and small business owners in consumer bankruptcy cases, IRS Collection matters and mortgage foreclosure defense. Judge Mayer was a member of the National Association of Consumer Bankruptcy Attorneys (NACBA) where she served as the 3rd Circuit Community Leader. She was also a member of the Board of Directors for the Consumer Bankruptcy Assistance Project (CBAP) and served as Chair of the Eastern District of Pennsylvania Bankruptcy Conference. In March of 2014, Ms. Mayer was selected to serve on the Eastern District of Pennsylvania Local Rules Committee and tasked with drafting the Model Chapter 13 Plan currently being used in the District along with revisions to other local procedures and rules. Judge Mayer is a frequent lecturer and course planner for the Pennsylvania Bar Institute and the Eastern District of Pennsylvania Bankruptcy Conference. Judge Mayer graduated, magna cum laude, from De Sales University with a B.A. in Politics and earned her J.D. degree from Temple University School of Law. Since joining the bench, Judge Mayer has reinstituted the ED PA Local Rules Committee and organized it as a standing committee. Judge Mayer is the judicial liaison to the committee and shepherds the yearly recommendations through the rule making process for the District. Judge Mayer also currently serves on the Educational Committee for the Federal Judicial Center and the Rules Committee for the National Conference of Bankruptcy Judges (NCBJ).

Angela Mastrangelo, Esq.

Angela L. Mastrangelo has over 20 years of experience in commercial bankruptcy and litigation. Over the course of her career, she represents businesses in financial distress in all phases of restructuring, workouts, reorganization, liquidation, and bankruptcy, including both litigation and transactional matters. Ms. Mastrangelo has significant experience representing Chapter 11 debtors-in-possession, individual and small business Chapter 11 debtors, Subchapter V debtors, and single asset real estate entities. She also has represented secured and unsecured creditors, as well as parties-in-interest, Chapter 7 Trustees, assignees for the benefit of creditors, and disbursing agents. Active in the restructuring community, Ms. Mastrangelo has served as a committee member of Turnaround Management Association Network of Women (TMA NOW), former co-chair of the Philadelphia Chapter of International Women’s Insolvency & Restructuring Confederation (IWIRC), and member of the Board of Directors of the Consumer Bankruptcy Assistance Project (CBAP). She previously served on the Board of Trustees for the Camden County Charter School. Ms. Mastrangelo is a graduate of Brooklyn Law School St. Joseph’s University, New York, and studied at the University of International Business & Economics, Beijing, China. After law school, she clerked in the United States Bankruptcy Court for the District of Delaware. She is admitted to practice law in New Jersey, New York, and Pennsylvania.

Daniel Siedman, Esq.

Daniel Siedman has over fifteen (15) years of experience in commercial bankruptcy and litigation as an associate at the law firm of Ciardi Ciardi & Astin. Daniel focuses his practice on corporate litigation and bankruptcy. Daniel has experience representing debtors, litigants, creditors’ committees, equity committees, lenders, bondholders, secured and unsecured creditors, plan administrators, and other interested entities in various bankruptcy reorganization, litigation and liquidation proceedings. Before joining Ciardi Ciardi & Astin, Daniel graduated from Drexel University, Earle Mack School of Law in 2009. During law school, Daniel clerked for The Honorable Kevin J. Carey in the United States Bankruptcy Court, District of Delaware. Prior to law school, Daniel graduated from the University of Maryland. Daniel was voted by his peers as a 2014 through 2025 as a Pennsylvania “Rising Star” (published in Pennsylvania Super Lawyers).


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