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In re RMAA Real Estate Holdings LLC

In re RMAA Real Estate Holdings LLC

Ruling
Bank did not have standing to bring motion against petitioners and counsel for filing involuntary petition for improper purpose.
Procedural posture

In an involuntary Chapter 11 case, a bank filed a motion for sanctions against three petitioners and their counsel under Fed. R. Bankr. P. 9011 and 11 U.S.C.S. § 303(i)(2).

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Commercial opinion summary, case decided on December 10, 2010 , LexisNexis #0111-072