NYIC/IFA/IFA Northeast Joint Factoring Event
Tuesday, March 7, 2017 (10:15 AM - 1:45 PM) (EST)
SESSION 1: Factoring Executive Program
- Industry Updates and the Credit Risks respective to Client & Customer Risk
- Changes in Economy to include Global Trade
- Due Diligence
- Training Requirements
Moderator, Harvey Gross, Executive Director, New York Institute of Credit
Louis Barone, Managing Director, CIT Commerical Services
Kevin Gillespie, EVP & Division Manager, Commercial Services, Wells Fargo Capital Finance
Robert Grbic, President, Capital Business Credit LLC
Michael Stanley,Managing Director and Head of Factoring, Rosenthal & Rosenthal, Inc.
LUNCH KEYNOTE: When Worlds Collide; Legal Issues Creating Conflict Between Fintech Lenders and Traditional ABL and Factors
As Fintech lenders offer increasing amounts of (secured?) credit to the client base of asset based lenders and recourse factors, heretofore dormant legal issues come into play. Bob will explore issues such as (i) use of confessions of judgment, (ii) the value of negative pledge clauses, (iii) the viability of tortious interference claims, (iv) the exploitation of Fintech lenders of a factor becoming an account debtor by the use of notices of assignment. Bob will also explore the impact of existing and possible future regulation on Fintech and traditional lending. So much to cover; so little time.
FEATURED SPEAKER: Bob Zadek, Of Counsel, Buchalter Nemer
SESSION 2: Strategic Lending Partners for Factors
This very experienced panel will discuss how factors can put together a "team approach" to meeting its client's and prospective client's needs. They will also touch on intercreditor issues as well as participations. Panelist sectors will include: International Factoring and Finance, Purchase Order Finance, Inventory Finance, and Equipment Finance.
Moderator,Stu Rosenthal, Executive Vice President,Prestige Capital Corporation
John Bettex, Senior Corporate Counsel, DS-Concept Factoring, Inc.
Harvey Friedman, Chief Operating Officer, Lenders Funding, LLC
Lee Haskin, CEO, Crossroads Financial
David Levy, President, Utica Leaseco, LLC
Paul Schuldiner, Senior Vice President & Division Manager, Rosenthal Trade Capital
1.0 CPE is available per session.
$165 IFA/NYIC Member
$195 Non Member
Early Bird Pricing
$145 IFA/NYIC Member
$175 Non Member
10:15am Registration & Networking
10:45am Session #1
11:45am Lunch is served
12:00pm Luncheon Keynote
12:45pm Session #2
141 W. 38th Street
New York, NY 10018