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COLTON v. STATE TREASURER

Docket No. 148199.

205 Mich. App. 396 (1994)

521 N.W.2d 620

COLTON v. STATE TREASURER

Michigan Court of Appeals.

Decided May 17, 1994, at 9:30 A.M.

Attorney(s) appearing for the Case

P. David Hickey & Associates, P.C. (by P. David Hickey), for the plaintiffs.

Frank J. Kelley, Attorney General, Thomas L. Casey, Solicitor General, and Terrence P. Grady, Thomas F. Schimpf, and Patrick McElmurry, Assistant Attorneys General, for the defendants.

Before: REILLY, P.J., and GRIFFIN and C.L. BOSMAN, JJ.

PER CURIAM.

Plaintiffs appeal as of right from an order of the Court of Claims granting defendants' motion for summary disposition pursuant to MCR 2.116(C)(7). We affirm.

In 1984, Cartex Corporation was formed to produce tape cartridges for the computer industry. Its sole manufacturing facility was located in Michigan. The state treasurer, as well as other, private investors, invested in excess of $13 million...

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