Kass v. Wolf

Defendant Michigan Basic Property Insurance Association appeals as of right an order granting summary disposition for plaintiffs, Herman Kass and John C. Hopp, Jr., and cross-plaintiff, Laurence G. Wolf. The trial court ruled that plaintiffs, who held a mortgage interest in an apartment building destroyed by fire, were entitled to collect interest from the date of loss to the date of payment as a proper element of their insurance claim. The trial court also ruled that the mortgagor, Wolf, who sold the building on a land contract, was entitled to collect the interest that he would have…