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WNC HOUSING LP, SHELTER RESOURCES CORPORATION, and WNC INSTITUTIONAL TAX CREDIT FUND XVII LP, Plaintiffs-Appellees, v. SHELBORNE DEVELOPMENT COMPANY LLC, KARLEY SQUARE GP LLC, SHELBORNE PARK GP LLC, and KATHY S. MAKINO, a/k/a KATHY S. MAKINO-LEIPSITZ, Defendants-Appellants.
Order
On order of the Court, the application for leave to appeal the February 23, 2016 judgment of the Court of Appeals is considered and, pursuant to MCR 7.305(H)(1), in lieu of granting leave to appeal, we VACATE that part of the Court of Appeals opinion holding that defendant Kathy Makino is personally liable as the guarantor of the mortgage purchase, and we REMAND this case to that court for reconsideration. The Court of Appeals erred by relying on the testimony of David Shaffer, the executive vice president of WNC Associates, Inc., a managing partner of plaintiff WNC Housing LP, in interpreting the provisions of the partnership agreement, and by reviewing the trial court's interpretation of the partnership agreement for clear error. See e.g., Detroit Fire Fighters Ass'n, IAFF Local 344 v City of Detroit, 482 Mich 18, 28 (2008) (“issues of contract interpretation are also questions of law reviewed de novo”). On remand, the Court of Appeals shall review this issue de novo as a matter of law.
Stephen J. Markman, Chief Justice
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Docket No: SC: 153770
Decided: January 24, 2017
Court: Supreme Court of Michigan.
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Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
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