Baines v. Harwood

Jones, Presiding Judge.

Defendants-appellants, David J. Harwood and ConHaly, Inc., appeal a $135,000 default judgment granted against them in favor of plaintiffs-appellees, Keith Baines and Thalia Baines.

On October 24,1991, appellees filed a complaint claiming appellants fraudulently induced appellees to enter an investment agreement under the terms of which appellees invested over $135,000. The complaint sought a rescission of the investment agreement, a return of all sums invested plus interest, compensatory damages in excess of $25,000, punitive damages, attorney fees, and costs. Harwood…