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Heritage Realty Assocs. Corp. v. First Citizens Bank (In re Heritage Realty Assocs. Corp.)

Heritage Realty Assocs. Corp. v. First Citizens Bank (In re Heritage Realty Assocs. Corp.)

Ruling
Debtor's attorney sanctioned for objectively unreasonable allegations in avoidance proceeding.
Issue(s)
Were allegations in complaint in avoidance proceeding "objectively unreasonable" so as to support an award of sanctions against debtor's attorneys?

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Commercial opinion summary, case decided on June 02, 2016 , LexisNexis #0616-139