Legal Opinion

Trader v. Comerica Bank

Michigan Court of Appeals

Decided June 30, 2011No. Docket No. 296129PublishedCited by 11 opinions

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…

2Cases cited11 opinions

  1. Allison v. AEW CAPITAL MANAGEMENT, LLPMichigan Supreme Court · 2008
  2. Manuel v. GillMichigan Supreme Court · 2008
  3. Associated Truck Lines, Inc. v. BaerMichigan Supreme Court · 1956
  4. Elliott v. Capital City State BankSupreme Court of Iowa · 1905
  5. Michigan Millers Mutual Insurance v. West Detroit Building Co.Michigan Court of Appeals · 1992

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3Cited by11 opinions

  1. Jay Chevrolet, Inc v. DedvukajMichigan Court of Appeals · 2015
  2. Menhennick Family Trust v. Timothy MenhennickMichigan Court of Appeals · 2018
  3. Aaron Tredenick v. Nationwide Agribusiness Insurance CompanyMichigan Court of Appeals · 2021
  4. Autumn Acres Senior Village Inc v. Village of MayvilleMichigan Court of Appeals · 2019
  5. Baby Buford Port Huron LLC v. Port Huron Realty Partners LLCMichigan Court of Appeals · 2020

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