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EXPORT-IMPORT BANK OF U.S. v. ADVANCED POLYMER

Case No. 1:07CV1138.

624 F.Supp.2d 696 (2009)

EXPORT-IMPORT BANK OF the UNITED STATES, Plaintiff, v. ADVANCED POLYMER SCIENCES, INC., et al., Defendant.

United States District Court, N.D. Ohio, Eastern Division.

March 11, 2009.

Attorney(s) appearing for the Case

Alex Rokakis, Office of the U.S. Attorney, Cleveland, OH, for Plaintiff.

Barry H. Fromm, Columbus, Ronald H. Isroff, Ulmer & Berne, Cleveland, Jason B. Desiderio, Assistant Prosecuting Attorney, Wooster, OH, for Defendants.

OPINION AND ORDER

CHRISTOPHER A. BOYKO, District Judge.

This matter comes before the Court upon Defendants' Motion to Vacate the cognovit judgment entered against them by this Court on May 22, 2007. For the reasons set out below, the Court DENIES the Motion to Vacate.

I. FACTS

Advanced Polymer Sciences ("APS") was a Delaware corporation and the family business of Defendants Donald and Arlene Keehan (collectively "Keehans"). Between 1997...

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