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FIRST MICH. BANK v. BAILEY

Docket No. 200958.

591 N.W.2d 676 (1998)

FMB-FIRST NATIONAL BANK, Plaintiff-Appellee, v. Donald M. BAILEY, Defendant/Third-Party Plaintiff-Appellant, v. James L. Koetje, Bailey & Koetje, P.C., Wardrop & Wardrop, P.C., Schenk, Boncher & Prasher, P.C., Donald R. France and Thomas P. Jeakle, Third-Party Defendants—Appellees.

Court of Appeals of Michigan.

Decided November 24, 1998, at 9:15 a.m.

Released for Publication February 23, 1999.

Attorney(s) appearing for the Case

Cunningham Dalman, P.C. (by Andrew J. Mulder and Gregory J. McCoy), Holland, for FMB-First Bank of Michigan.

Donald M. Bailey, Grand Rapids, for Donald M. Bailey.

James L. Koetje, Grandville, for James L. Koetje and Bailey and Koetje, P.C.

Smith, Haughey, Rice and Roegge (by L. Roland Roegge and Matthew L. Meyer), Grand Rapids, for Wardrop & Wardrop, P.C.

Schenk, Boncher & Prasher (by Gregory G. Prasher), Grand Rapids, for Schenk, Boncher & Prasher.

Law, Weathers & Richardson, P.C. (by Robert A. Buchanan), Grand Rapids, for Thomas P. Jeakle.

Before: SMOLENSKI, P.J., and McDONALD and SAAD, JJ.

SAAD, J.

I

NATURE OF THE CASE

This appeal is the most recent chapter in the tangled legal and financial affairs of the law firm Bailey & Koetje, P.C. (B & K). Before the firm's dissolution, each of the three partners personally guaranteed a portion of a loan made by plaintiff to B & K. Following the firm's dissolution, plaintiff attempted to collect the guaranteed amount. Although his two...

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