The stipulation that defendant signed resolved his motion to vacate the default judgment that had been entered against him on the issue of liability by allowing him to defend as to the amount of damages, and bars him from now challenging his liability. There is no merit to defendant's contention that the stipulation was coerced by the IAS Court. In any event, plaintiff's principal argument raised what could well be viewed as a pure liability issue, namely, whether, as a matter...
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