Trader v. Comerica Bank
Michigan Court of Appeals
1Per curiam
Plaintiff Vella Trader,1 the personal representative of the estate of Thelma L. DeGoede, brought this suit, alleging breach of contract against defendant, Comerica Bank, formerly known as Industrial State Bank & Trust Company,2 for its failure to honor three certificates of deposit (CDs). After a bench trial, the trial court issued an opinion and order finding no cause of action because the statute of limitations contained in MCL 600.5807(8) barred plaintiffs claim. Plaintiff appeals as of right. We reverse and remand.
On December 22, 1980, Industrial State Bank & Trust issued a CD payable to…
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