LIMITED OPPOSITION TO MOTION TO INTERPLEAD FUNDS.

On July 20, 2011 a foreclosure case was filed by Michigan Precision Grading Llc, represented by Spoonster, Joseph, against American Contractors Indemnity Company, Company Wrench Ltd, Does No Address Listed, Unknown John et al. represented by Arnold, David, Brewer, Lee, Carpenter, James et al. in the jurisdiction of Summit County. Judge MARY MARGARET ROWLANDS presiding.

                        
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=} M. HORRIGAN ii DEC 15 PH 5:43 SUMMIT COUNTY CLERK OFC IN THE COURT OF COMMON PLEAS OF COURTS: SUMMIT COUNTY, OHIO MICHIGAN PRECISION ) CASE NO. CV 2011-07-3930 GRADING, INC. ) ) Judge Mary Margaret Rowlands Plaintiff, ) ) v. ) ) LIMITED OPPOSITION TO MOTION QUALITY ASBESTOS & ) TO INTERPLEAD FUNDS DEMOLITION SERVICES, LLC, etal.) ) Defendants. ) Plaintiff Michigan Precision Grading, Inc. (“Michigan Precision”) submits this Limited Opposition to Defendant American Contractors Indemnity Company’s (“ACIC”) Motion for Leave to Interplead Funds with the Court. Michigan Precision does not object to the interpleading of funds by ACIC, but does object to: 1) the amount of the funds ACIC seeks to interplead, 2) restraint of the parties from proceeding with their bond claims, 3) declaration that ACIC has satisfied its bond obligations, and 4) dismissal of ACIC with prejudice. Because the amount of ACIC’s bond obligations and claimed credits are disputed, the relief requested by ACIC must …

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