Court of Appeals has precedential effect under the rule of stare decisis. The filing of an application for leave to appeal to the Supreme Court or a Supreme Court order granting leave to appeal does not diminish the precedential effect of a published opinion of the Court of Appeals. Thus, the publication of an opinion of this Court creates binding precedent statewide, and, contrary to past practice as reflected by People v Phillips, 416 Mich 63; 330 NW2d 366 (1982), the opinion remains binding “until such time as a decision of the Supreme Court enters altering the lower court decision or questioning its rationale.” 6 Martin, Dean & Webster, Michigan Court Rules Practice (3d ed), p 315. See also Michigan Millers Mutual Ins Co v Bronson Plating Co, 197 Mich App 482; 496 NW2d 373 (1992) (<HOLDING>). Applying these principles to the Knoke
holding that to establish grounds for reversal an appellant must challenge all grounds on which the trial court ruled against it holdings of this court not addressed on the merits by the supreme court remain binding despite reversal on other grounds holdings of the court of appeals not specifically reversed by the supreme court retain precedential value holding that directly applicable supreme court decisions require this court to overrule its prior holdings holding that a dismissal on limitations grounds is a judgment on the merits