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ECCO, LTD. v. BALIMOY MFG. CO.

Docket No. 109178.

179 Mich. App. 748 (1989)

446 N.W.2d 546

ECCO, LIMITED v. BALIMOY MANUFACTURING CO, INC

Michigan Court of Appeals.

Decided August 22, 1989.

Attorney(s) appearing for the Case

Lyle Andrew Peck, for Central Savings Bank.

Brian A. Peppler, for May Industries, Inc., doing business as KLZ Screw Products Company.

Before: MURPHY, P.J., and MacKENZIE and GRIFFIN, JJ.

PER CURIAM.

As relevant to the present appeal, this case involves claims by ECCO Limited and KLZ Screw Products Company against Central Savings Bank. ECCO and KLZ supplied parts and materials to Balimoy Manufacturing Company, a munitions manufacturer under contract with the United States Department of Defense. To alleviate suppliers' concerns about Balimoy's solvency, Central Savings Bank agreed to receive Balimoy's payments from the government and to pay the suppliers...

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