Special Purpose Accounts Receivable Cooperative Corp. v. Prime One Capital Co.

ORDER DENYING WITHOUT PREJUDICE DEFENDANTS’ MOTION TO DISMISS OR, IN THE ALTERNATIVE, FOR SUMMARY JUDGMENT

GOLD, District Judge.

THIS CAUSE is before the court upon the defendants’ motion to dismiss the complaint or, in the alternative, for summary judgment (DE # 69). The plaintiffs, Special Purpose Accounts Receivable Cooperative Corporation (“SPARC”) and Canadian Imperial Bank of Commerce, (“CIBC”) filed a four-count complaint against the defendants, Prime One Capital Company (“Prime One”), Signature Automotive Group (“Signature”), and Thomas Borzil-leri (“Borzilleri”), alleging as • follows:…