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PRESTIGE CAPITAL CORP. v. MICHIGAN GAGE & MFG.

Case No. 09-11111.

722 F.Supp.2d 837 (2010)

PRESTIGE CAPITAL CORP., Plaintiff, v. MICHIGAN GAGE AND MANUFACTURING, LLC, Michael Porath, and Richard Mast, Defendants.

United States District Court, E.D. Michigan, Southern Division.

July 12, 2010.

Attorney(s) appearing for the Case

Jonathan C. Myers, Jaffe, Raitt, Heuer & Weiss, P.C., Southfield, MI, for Plaintiff.

Jay S. Kalish, Farmington Hills, MI, for Defendants.

OPINION AND ORDER GRANTING IN PART PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT AND SETTING CASE MANAGEMENT DEADLINES

DAVID M. LAWSON, District Judge.

Plaintiff Prestige Capital Corporation provides non-traditional financing to business ventures. In 2006, Prestige entered into an agreement to purchase the accounts receivable of a Michigan business with recourse, and also obtained the personal guarantees of...

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