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WNC HOUSING LP v. SHELBORNE DEVELOPMENT CO. LLC

SC: 153770 COA: 324249.

889 N.W.2d 485 (2017)

WNC HOUSING LP, Shelter Resources Corporation, and WNC Institutional Tax Credit Fund XVII LP, Plaintiffs-Appellees, v. SHELBORNE DEVELOPMENT COMPANY LLC, Karley Square GP LLC, Shelborne Park GP LLC, and Kathy S. Makino, a/k/a Kathy S. Makino-Leipsitz, Defendants-Appellants.

Supreme Court of Michigan.

January 24, 2017.

Order

On order of the Court, the application for leave to appeal the February 23, 2016 judgment of the Court of Appeals is considered and, pursuant to MCR 7.305(H)(1), in lieu of granting leave to appeal, we VACATE that part of the Court of Appeals opinion holding that defendant Kathy Makino is personally liable as the guarantor of the mortgage purchase, and we REMAND this case to that court for reconsideration...

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