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FRANKLIN CAP. FUNDING v. AUSTIN BUSINESS FINANCE

Case Number 22-10947.

676 F.Supp.3d 515 (2023)

FRANKLIN CAPITAL FUNDING, LLC, Plaintiff, v. AUSTIN BUSINESS FINANCE, LLC, and MXT Solutions, LLC, Defendants.

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

Signed June 7, 2023.

Attorney(s) appearing for the Case

John A. Behrendt, Melissa Benton Moore, Bodman PLC, Troy, MI, for Plaintiff.

Jesse Louis Roth, Kathleen H. Klaus, Maddin, Hauser, Roth & Heller, P.C., Southfield, MI, for 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...

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