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STATE STREET BANK v. INVERSIONES ERRAZURIZ

No. 01 CIV. 3201(RLC).

230 F.Supp.2d 313 (2002)

STATE STREET BANK AND TRUST COMPANY, Plaintiff, v. INVERSIONES ERRAZURIZ, LIMITADA (f/k/a Inversiones Errazuriz S.A.), Supermercados Unimarc S.A. (f/k/a Commercial E Inmobiliaria Unimarc S.A.), Pesquera Nacional S.A., Unimarc Abastecimientos S.A., Cidef S.A., Salmones Unimarc S.A., Industria Forestal Regional S.A., Cidef Argentina S.A., Corporación De Inversiones Y Desarrollo Financiero Cidef S.A., and Sociedad Contractual Minera Compañia De Salitre Y Yodo Primera Región (f/k/a Compañia De Salitre y Yodo Primera Primera Región S.A.), Defendants.

United States District Court, S.D. New York.

February 4, 2002.

Attorney(s) appearing for the Case

Debevoise & Plimpton, New York, Joseph P. Moodhe, Of Counsel, for Plaintiff.

Law Offices of Michael B. Wolk, P.C., New York, Michael B. Wolk, Of Counsel, for Defendant.

OPINION

ROBERT L. CARTER, District Judge.

Defendants Inversiones Errazuriz Limitada, et al., move, pursuant to F.R. Civ. P. 55(c) and 60(b), to vacate the $140 million default judgment entered against them by this court on November 21, 2001. Plaintiff State Street Bank and Trust Company opposes the motion. For the reasons set forth below, defendants' motion to vacate is denied for the time being. However, certain issues pertaining to the willfulness of the...

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