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VanDEVENTER v. MNB

Docket Nos. 98798, 103963.

172 Mich. App. 456 (1988)

432 N.W.2d 338

VanDEVENTER v. MICHIGAN NATIONAL BANK MICHIGAN NATIONAL BANK v. VanDEVENTER

Michigan Court of Appeals.

Decided October 18, 1988.

Attorney(s) appearing for the Case

Oade & Stroud (by Ted W. Stroud), for Bradford S. VanDeventer.

Sinas, Dramis, Brake, Boughton, McIntyre & Reisig, P.C. (by George T. Sinas and David R. Brake), for David R. Layton.

Hubbard, Fox, Thomas, White & Bengston, P.C. (by Donald B. Lawrence, Jr., and Brian L. Hiesrodt), for Michigan National Bank.

Before: DANHOF, C.J., and CYNAR and G.R. DENEWETH, JJ.

PER CURIAM.

Bradford S. VanDeventer brought an action against Michigan National Bank (MNB) seeking to enjoin MNB from cashing his annuity. He previously assigned the annuity to MNB as security for a line of credit which MNB extended to R & R Telecom, Inc. (R&R). The lower court granted VanDeventer's request for a preliminary injunction prohibiting MNB from cashing his annuity until his liability to MNB was determined. The court later permanently enjoined MNB...

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