1. Home
  2. Browse Decisions
  3. Mich.
  4. 157 Mich.
  5. 157 Mich. App. 795 (1987)
 

IN RE BACKOFEN ESTATE

Docket No. 81826.

157 Mich. App. 795 (1987)

404 N.W.2d 675

In re BACKOFEN ESTATE FIRST OF AMERICA BANK v. BACKOFEN

Michigan Court of Appeals.

Decided February 18, 1987.

Attorney(s) appearing for the Case

O'Toole, Stevens, Johnson, Knowlton & Rolf (by Michael L. Rolf), for First of America Bank.

Marcus, Vander Ploeg & Ruck (by Charles W. Luyendyk), for Lois S. Backofen.

Before: BEASLEY, P.J., and R.M. MAHER and R.L. TAHVONEN, JJ.

R.L. TAHVONEN, J.

In this appeal from probate court, personal representative Lois Backofen challenges an order allowing the claim of First of America Bank in the amount of $21,200.24. At the center of this dispute is the "business entity exemption," MCL 438.61; MSA 19.15(71), to Michigan's general usury statute, MCL 438.31; MSA 19.15(1). We reverse and remand.

Although the parties identify a number of issues...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases