Conagra, Inc v. Farmers State Bank

Plaintiff Conagra, Inc. (doing business as Berger and Company) appeals as of right the trial court’s order granting summary disposition in favor of defendant Farmers State Bank in this commercial law and contract case. Farmers avers that the trial court reached the correct result for the correct reason, but cross appeals seeking to preserve its alternative arguments on appeal. We reverse the trial court’s order of summary disposition for Farmers and remand for further proceedings.

I. NATURE OF THE CASE

Both parties made loans to Craig and Brenda Brennan, the owners of Brennan Farms, Inc., and…