Old Kent Bank-Southeast v. City of Detroit

The City of Detroit appeals from an order denying it summary disposition against Old Kent Bank-Southeast and granting Old Kent summary disposition against the city. Old Kent cross appeals from an order denying its motion for summary disposition against Reliance Insurance Company and granting summary disposition to Reliance. We affirm the trial court’s orders.

This case involves the competing claims of the surety (Reliance) and the lender (Old Kent) of a defaulting contractor (Morrison Company). Old Kent argues its rights prevail, as it was the first perfected secured creditor under the Uniform…