Was MEC acting to preserve TCA interests given the judgment? TCA action causes do not allege zero revenue, only timely reporting of it, subsequent the filing for December 31, 2015. The response of MEC to the motion hearing is apparently unknown. Questions about it have also been posted at MEC Facebook. Even in real estate, however, the receiver collects rents, and assures they keep coming in. If they do not, then the owners can appeal to have the receivership removed. In the instant matter, TCA has to show how the previously dismissed lawsuit precludes MEC from acting to preserve any asset values in advance of the likely new revenue source--only last week now showing the new and satisfactory revenue source. MEC likely knew the calendar it could not disclose to TCA. The outcome is better said good faith creditor protection, not fraudulent conveyance(?), or however that is said(?).
