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APPEAL OF COBURN LEASING CO.

Docket No. 18258.

54 Mich. App. 228 (1974)

220 N.W.2d 714

APPEAL OF COBURN LEASING COMPANY. JERRY DAVIDSON, INC. v. MICHIGAN NATIONAL BANK

Michigan Court of Appeals.

Decided June 27, 1974.

Attorney(s) appearing for the Case

R.G. Corace, P.C., for Coburn Leasing Company, Inc.

Before: QUINN, P.J., and V.J. BRENNAN and CARLAND, JJ.

QUINN, P.J.

In the course of litigation between Jerry Davidson, Inc. (hereinafter plaintiff) and Michigan National Bank (hereinafter defendant), a receiver was appointed for plaintiff on September 11, 1970. October 12, 1972, plaintiff filed a petition for sanction by the court of a compromise arrangement with its creditors. October 31, 1972, the trial court entered an order approving the compromise arrangement over the objections of Coburn Leasing Company, Inc. (hereinafter...

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