Bank of America Na v. First American Title Insurance Company ( 2014 )


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  • Order                                                                                        Michigan Supreme Court
    Lansing, Michigan
    November 19, 2014                                                                                    Robert P. Young, Jr.,
    Chief Justice
    149599                                                                                               Michael F. Cavanagh
    Stephen J. Markman
    BANK OF AMERICA, NA,                                                                                     Mary Beth Kelly
    Brian K. Zahra
    Plaintiff-Appellant,                                                                     Bridget M. McCormack
    David F. Viviano,
    v                                                                 SC: 149599                                        Justices
    COA: 307756
    Oakland CC: 2010-112606-CK
    FIRST AMERICAN TITLE INSURANCE
    COMPANY, PATRIOT TITLE AGENCY, KIRK
    D. SCHIEB, WESTMINSTER ABSTRACT
    COMPANY, WESTMINSTER TITLE AGENCY,
    INC., PRIME FINANCIAL GROUP, INC.,
    VALENTINO M. TRABUCCHI, PAMELA S.
    NOTTURNO, f/k/a PAMELA S. SIIRA,
    DOUGLAS K. SMITH, JOSHUA J. GRIGGS,
    STATE VALUE APPRAISALS, LLC, NATHAN
    B. HOGAN, and CHRISTINE D. MAYS,
    Defendants-Appellees,
    and
    FRED MATSON, MICHAEL LYNETT, JO KAY
    JAMES, and PAUL SMITH,
    Defendants.
    _________________________________________/
    On order of the Court, the application for leave to appeal the March 27, 2014
    judgment of the Court of Appeals is considered, and it is GRANTED. The parties shall
    include among the issues to be briefed: (1) whether a separate contract between the
    lender and the closing agent existed outside of the closing protection letters; (2) whether
    there was a genuine issue of material fact regarding the closing agent’s violation of the
    terms of the lender’s written closing instructions; and (3) whether the full credit bid rule
    of New Freedom Mortgage Corp v Globe Mortgage Corp, 
    281 Mich. App. 63
    (2008), is a
    correct rule of law and, if so, whether it applies to this case.
    Persons or groups interested in the determination of the issues presented in this
    case may move the Court for permission to file briefs amicus curiae.
    I, Larry S. Royster, Clerk of the Michigan Supreme Court, certify that the
    foregoing is a true and complete copy of the order entered at the direction of the Court.
    November 19, 2014
    t1112
    Clerk
    

Document Info

Docket Number: 149599

Filed Date: 11/19/2014

Precedential Status: Precedential

Modified Date: 11/20/2014