Gage v. Ford Motor Co.

Plaintiff Gage filed a wrongful death action against defendant in 1974. Great American Insurance Company was later added as a party plaintiff. After appeals, a judgment for plaintiffs for $1.5 million was affirmed. Defendant paid the judgment plus interest pursuant to MCL 600.6013; MSA 27A.6013, as amended by 1980 PA 134. Plaintiffs refused to execute the satisfaction of judgment, asserting that the interest was improperly calculated. Upon motion, the trial court granted an order compelling plaintiffs to execute a satisfaction of judgment. Leave to appeal was granted by this Court to consider…