INDUSTRIAL STEEL STAMPING, INC. v. ERIE BANK

Docket No. 91133.

167 Mich. App. 687 (1988)

423 N.W.2d 317

INDUSTRIAL STEEL STAMPING, INC v. ERIE STATE BANK

Michigan Court of Appeals.

Decided April 5, 1988.


Attorney(s) appearing for the Case

David N. Walsh, for plaintiff.

Hammond, Ziegelman, Roach & Sotiroff, P.C. (by Lawrence R. Abramczyk and Amy L. Glenn), and Ready, Sullivan & Ready (by Michael L. Heller), for defendant.

Before: WAHLS, P.J., and R.M. MAHER and D.J. SHIPMAN, JJ.


PER CURIAM.

Plaintiff, Industrial Steel Stamping, Inc. (ISS), appeals as of right from the trial court's grant of summary disposition under MCR 2.116(C)(7) in favor of defendant, Erie State Bank. We reverse.

The parties' dispute stemmed from ISS's discovery that its controller, Debra Carattoni, diverted corporate funds on deposit with defendant to her personal use. ISS's amended complaint, filed in March, 1981, sought in excess of $300,000 from defendant for...

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