American Reserve Corp. v. Holland

Mr. PRESIDING JUSTICE BERLIN

delivered the opinion of the court:

This is an appeal from an order entered by the circuit court of Cook County vacating a default judgment. An appeal is also taken from the same order which dismissed the counterclaims upon which the default judgment had been entered. The dispositive issue presented for review is whether the trial court abused its discretion when it entered an order vacating the default judgment.

For reasons hereinafter set forth, we reverse.

On May 25, 1973, American Reserve Corporation (hereinafter referred to as American Reserve), an insurance…