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Legal Opinion

Franklin Capital Funding, LLC v. Austin Business Finance, LLC

District Court, E.D. Michigan

Decided June 7, 2023No. 2:22-cv-10947Unknown

1Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF MICHIGAN SOUTHERN DIVISION FRANKLIN CAPITAL FUNDING, LLC, Plaintiff, Case Number 22-10947 v. Honorable David M. Lawson AUSTIN BUSINESS FINANCE, LLC, and MXT SOLUTIONS, LLC, Defendants. ______________________________________________/ OPINION AND ORDER DENYING DEFENDANTS’ MOTIONS TO DISMISS Plaintiff Franklin Capital Funding, LLC loaned money to a Florida automobile dealer (Excell Auto Group) and took a security interest in all its assets. Franklin also purchased Excell’s factoring debt from defendant Austin Business Finance, LLC under an…

2Cases cited60 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
  4. Burger King Corp. v. RudzewiczSupreme Court of the United States · 1985
  5. Swierkiewicz v. Sorema N. A.Supreme Court of the United States · 2002

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