Plaintiff, a limited liability company whose managing member is Colin D. Rath, was granted a default judgment on its action to discharge and cancel a mortgage concerning property located at 121 West 15th St., New York, New York. Defendant, the holder of the mortgage, moved to vacate the default judgment.
To vacate a default, a party must demonstrate both a reasonable excuse and the existence of a meritorious defense; "certain law office failures may constitute reasonable...
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