Settlement Examples | Business Advisory Center

BAC has settled cases with plaintiffs / creditors in many types of businesses, including: merchant cash advance, equipment leasing, banks, other lenders, corporate credit card, suppliers, landlords, law, accounting, advertising, insurance, printing, hotels, utilities, medical equipment, transportation and licencors, among others. Below are examples:

  1. Electrical contractor was sued by a merchant cash advance company for $60,000. BAC settled the case for $37,500 paid over 16 months.
  2. Radiation oncology firm was sued by an equipment provider for $296,000. BAC settled the case for $30,000.
  3. Auto maintenance and repair business was sued by a merchant cash advance company for $61,567. BAC settled the case for $35,000 paid over 18 months.
  4. Non-profit fund raiser was sued by a corporate credit card for $28,401. BAC settled the case for $14,000 paid over 8 months.
  5. Transportation logistics company was sued by a transportation company for $31,120.BAC settled the case for $7,000 paid over 7 months.
  6. Restaurant was sued by a supplier for $12,501. BAC settled the case for $5,000 in 2 payments.
  7. Paving contractor was sued by an equipment rental company for $68,786. BAC settled the case for $30,000 paid over 9 months.
  8. Real estate developer was sued by a merchant cash advance company for $26,262. BAC settled the case for $15,500 paid over 15 months.
  9. Surgeon was sued by a lender for $260,588. BAC settled the case for $168,000 paid over 7 years.
  10. Provider of security services defaulted on a bank loan for $147,686. BAC settled the case for $97,700 paid over 30 months.
  11. Marketer of financial services owed $92,549 to an online advertising company. BAC settled the case for $48,274 in 12 payments.
  12. Non-profit organization was sued by a health insurance company for $31,530. BAC settled the case for $10,000 paid over 6 months.
  13. Film production company was sued by an equipment leasing company for $162,979. BAC settled the case for $39,000 paid over 6 months.
  14. High end social club was sued by an insurance company and club guest for $26,209. BAC settled the case for $7,900.
  15. Art gallery was sued by a landlord for $233,904. BAC settled the case for $86,700 in 4 payments.
  16. Photography studio was sued by a secured lender for $85,075. BAC settled the case for $30,000 paid over 15 months.
  17. Law firm defaulted on a personally guaranteed bank loan for $99,550. BAC settled the case for $30,000 in a lump sum.
  18. Small publisher was sued by a printing company for $149,334. BAC settled the case for $40,000 paid over 13 months.
  19. Reseller of video editing equipment was sued by a bank for $1,500,000. BAC settled the case for $75,000 in 2 payments.
  20. Employment agency was sued by an equipment leasing company for $28,260. BAC settled the case for $18,000 paid over 15 months.