Intuit Dome

This two-day summit brings together climate leaders, policymakers, Olympians, and cultural figures to discuss how Los Angeles is advancing clean-energy and zero-emission goals ahead of the 2028 Olympic and Paralympic Games. Panels, fireside chats, and an award presentation will spotlight the region’s progress and the work still needed to stay on track. 
NBA All-Star, Entrepreneur and Road to 2028 Co-Chair and Speaker, Russell Westbrook, will open the summit with a fireside chat alongside LACI CEO, Matt Peterson
Mayor Karen Bass, speaking about LA’s plans on reducing air pollution, generating more clean energy, and advancing transportation electrification ahead of the 2028 Games and beyond
Team USA Olympic Snowboarder and Environmental Advocate, Bea Kim, will partake in the “Game On! Athletes Advocating for Clean Air &amp; Healthy Communities” panel alongside 2024 Canadian Beach Volleyball Silver Medalist, Melissa Humana-Paredes, moderated by LA Times Editor Sammy Roth
Sustainability Style &amp; Statements
panel featuring Mortal Combat &amp; The Last of Us star, Tati Gabrielle, moderated by Shrinking star Wendie Malick
Filmmaker, Rebecca Tickell and Team USA Cycling Silver Medalist, Dotsie Bausch will appear on the Sustainable Sustenance: Creating a Cultural Food Transformation panel

Local Event: Los Angeles Cleantech Incubator (LACI) Road to 2028 Summit 

Los Angeles County

Los Angeles

California

Los Angeles Cleantech Incubator (LACI) Road to...

This two-day summit brings together climate leaders, policymakers, Olympians, and cultural figures to discuss how Los Angeles...

Los Angeles Cleantech Incubator (LACI) Road to 2028 Summit 

Fay Claire Shinder

Chris Lindahl

Los Angeles Metropolitan Area

Echo Park-Silver Lake

Highland Park-Mount Washington

Eagle Rock

Hollywood

South Pasadena

West Hollywood

South Gate-Lynwood

Culver City

Beverly Hills

San Marino

New California Disclosure Law Gives Los Angeles Businesses New Leverage Against Merchant Cash Advance Lenders
SB 362, in effect since January 2026, is reshaping how Los Angeles business owners challenge merchant cash advance contracts &mdash; and where those disputes get fought.
LOS ANGELES &mdash; A California law that took effect at the start of 2026 is changing the calculus for Los Angeles business owners buried in merchant cash advance (MCA) debt, giving them disclosure-based defenses that were largely unavailable two years ago.
Senate Bill 362, which took effect January 1, 2026, is the most significant update to California's commercial financing disclosure framework since the original SB 1235. It requires MCA providers operating in Los Angeles to deliver standardized APR disclosures that meet strict formatting rules. When a funder fails to do so, the contract may be voidable &mdash; and the daily ACH withdrawals draining a business account may be legally stoppable.
The California Department of Financial Protection and Innovation (DFPI) enforces these disclosure requirements, and the standards exist so business owners can see the true cost of financing &mdash; APR, finance charge, payment amount, term, and prepayment details &mdash; before signing. Where the disclosures were missing, understated, or inconsistent with how the deal actually performed, those gaps are becoming central to MCA disputes across the LA metro.
Disclosure is only one line of attack. Los Angeles business owners are also challenging the fundamental characterization of the MCA itself. A true merchant cash advance is a purchase of future receivables &mdash; not a loan &mdash; and that distinction matters because loans are subject to California's usury limits. Courts apply a three-factor test, examining whether the contract includes a genuine reconciliation clause that adjusts payments to actual revenue, whether the funder retains recourse if the business fails, and whether the funder bears real risk. Fixed daily payments that never flex with sales are a hallmark of a disguised loan.
There is also a jurisdictional trap unique to out-of-state enforcement. Many MCA agreements route disputes to New York courts, and a New York judgment can be enforced in California &mdash; but only if proper domestication procedures were followed. California courts can refuse to recognize judgments that skip those steps.
For Los Angeles owners, the recurring theme is timing. Reconciliation records, bank statements, and the original disclosure documents all matter, and the strongest defenses take shape before a judgment is entered and accounts are frozen.
Los Angeles business owners facing MCA collections, a UCC lien, or a frozen account can review their options and connect with an experienced attorney through CredibleLaw's Los Angeles network at <a href="https://crediblelaw.com/los-angeles-mca-defense-attorney-sb362/" rel="noopener nofollow" target="_blank">crediblelaw.com/los-angeles-mca-defense-attorney-sb362</a>.Credible Law Phone: <a href="tel:888-201-0441" rel="noopener nofollow" target="_blank">(888) 201-0441</a> <a href="https://crediblelaw.com/about/" rel="noopener nofollow" target="_blank">crediblelaw.com/about/</a> <a href="https://share.google/yhjxzZAGumlN6buaH" rel="noopener nofollow" target="_blank">share.google/yhjxzZAGumlN6buaH</a>
Credible Law is a national legal resource and referral network. It is not a law firm and does not provide legal advice.

New California Disclosure Law May Give Los...

New California Disclosure Law Gives Los Angeles Businesses New Leverage Against Merchant Cash Advance Lenders...

New California Disclosure Law May Give Los Angeles Businesses More Leverage in Merchant Cash Advance

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Los Angeles Cleantech Incubator (LACI) Road to 2028 Summit

JUL

14

10:00 AM

Intuit Dome, 3930 W Century Blvd, Inglewood, CA

New California Disclosure Law May Give Los Angeles Businesses More Leverage in Merchant Cash Advance