Theatre Equipment Acceptance Corp. v. Betman

The parties and the subject matter have already been before us in Theatre Equipment Acceptance Corp. v. Betman, 259 Mich. 245, to which reference may be made for a complete statement of the facts. Judgment was rendered in favor of the defendant for a wrongful replevin and, in reversing on appeal, we used the following language:

“Defendant, having waived return of the property, was entitled to recover the value thereof as of the time of the taking, less the amount of plaintiff’s lien thereon at that time, and to have damages, if any, occasioned by the wrongful taking.

“For this reason, the…