593 N.W.2d 548
No. 112286, 112290.Supreme Court of Michigan.
April 21, 1999.
On order of the Court, applications for leave to appeal the January 27, 1998 decision of the Court of Appeals are considered, and, pursuant to MCR 7.302(F)(1), in lieu of granting the applications for leave to appeal, we VACATE that part of the Court of Appeals’ judgment remanding the case for a new trial and REMAND the case to the Court of Appeals for reconsideration in light of UAW-GM Human Resource Ctr v. KSLRecreation Corp, 228 Mich. App. 486; 579 N.W.2d 411 (1998). In the event the Court concludes that the trial court abused its discretion in admitting the parol evidence, it shall remand the case to the circuit court for a new trial. If the Court determines that the trial court properly admitted the evidence, it shall remand the case to the circuit court for a determination whether, as a matter of law, ambiguity exists in the stock option agreements. If the circuit court determines that ambiguity exists, the judgment shall be reinstated.
We do not retain jurisdiction.
Cavanagh and Kelly, JJ., concur in this disposition but would imply no view as to the validity of UAW-GM Human ResourceCtr v. KSL Recreation Corp.