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Steinle v. Fall River Vill. Cmtys. LLC (In re CCI Funding I)

Steinle v. Fall River Vill. Cmtys. LLC (In re CCI Funding I)

Ruling
Bankruptcy court had authority to hear avoidance proceeding against borrowers of debtor.
Procedural posture

Plaintiff bankruptcy trustee brought an adversary proceeding against defendant borrowers seeking to recover amounts due from the borrowers on promissory notes and disallowance of the borrowers' proofs of claim. The borrowers moved for a determination that the bankruptcy court lacked constitutional authority to adjudicate the trustee's state-law contractual claims.

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Commercial opinion summary, case decided on July 30, 2012 , LexisNexis #0812-100