MEMORANDUM OF OPINION AND ORDER
SCHWARZER, District Judge.
BACKGROUND FACTS
Defendants, the Dominican Republic and one of its executive agencies, Instituto De Auxilios Y Viviendas ("Instituto"), have moved, pursuant to Fed.R.Civ.P. 60(b)(1) and (4), to set aside the default judgment entered against them.
The documents before the Court establish the following facts. By letter of September 6, 1976, to plaintiffs in South Pasadena, California...
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