Corporation & Securities Commission v. American Motors Corp.

Leave was granted in this case to appeal an order of the Court of Appeals. The order affirmed the grant of summary judgment in the Ingham county circuit court. We affirm.

The litigation is in the nature of a suit for declaratory judgment against some 13 defendants. The plaintiff-appellant is the commissioner of the corporation and securities commission. Thirteen corporations were named as defendants. Decision in this case is limited to Detroit Edison Company, appellee herein.

Appellee’s legal posture is distinguishable from the other named defendants in that it is a public utility and thus…