Michigan Rural Development, Inc. v. El Mac Hills Resort, Inc.

This suit arises out of an action to rescind a certain contract. From an order denying their motion for accelerated judgment, 1 defendants bring this appeal.

On March 25, 1970, plaintiff, a Michigan corporation, commenced the present action seeking recision, damages, and other relief against defendants. At the time the cause of action arose and at the time suit was commenced, the plaintiff was a corporation in good standing and was current in filing its annual reports and paying its annual privilege fees. On July 30, 1970, defendants moved for accelerated judgment on the ground that plaintiff…