Legal Opinion

Atlantic Builders Group, Inc. v. Old Line Bank (In re Prince Frederick Investment, LLC)

United States Bankruptcy Court, D. Maryland

Decided September 9, 2014No. Bankruptcy No. 12-20900-TJC; Adversary No. 13-00461Published

1Opinion of the Court

MEMORANDUM OF DECISION

THOMAS J. CATLIOTA, Bankruptcy Judge.

Before the court is the motion filed by defendants Old Line Bank (the “Bank”) and Prince Frederick Investment, LLC (the “Debtor”) to dismiss the second amended complaint because, among other things, the complaint fails to state a claim for equitable subordination. Docket No. 86. Plaintiff Atlantic Builders Group, Inc. (“ABG”) opposes the motion. Docket No. 37. For the reasons set forth herein, the court concludes that ABG’s second amended complaint fails to state a plausible claim for equitable subordination, and will dismiss the…

2Cases cited27 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Edwards v. City of GoldsboroCourt of Appeals for the Fourth Circuit · 1999
  4. Pepper v. LittonSupreme Court of the United States · 1939
  5. Philips v. Pitt County Memorial HospitalCourt of Appeals for the Fourth Circuit · 2009

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