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EDIDIN v. DETROIT ECONOMIC GROWTH CORP.

Docket No. 68783.

134 Mich. App. 655 (1984)

352 N.W.2d 288

EDIDIN v. DETROIT ECONOMIC GROWTH CORPORATION

Michigan Court of Appeals.

Decided May 15, 1984.

Attorney(s) appearing for the Case

Schlussel, Lifton, Simon, Rands, Kaufman, Galvin & Jackier (by Joseph F. Galvin and Daniel D. Swanson), for plaintiff.

Honigman, Miller, Schwartz & Cohn (by Stephen Wasinger), and Nansi Rowe & Associates (by Clarise Larkins), for defendants.

Before: ALLEN, P.J., and V.J. BRENNAN and N.J. KAUFMAN, JJ.

PER CURIAM.

This case arose from efforts to secure additional financing for a development project to renovate and lease five buildings in Detroit known as "Trappers Alley". Among the original financial backers of the project was defendant Detroit Economic Growth Corporation (DEGC). Seeking a method to attract additional funds for the financially troubled project, DEGC contacted a group of investors, including plaintiff Gary Edidin. Edidin and Farbman/Stein & Company...

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