Business Credit Leasing, Inc. v. Engineered Disposal System, Inc.

Under Florida Rules of Civil Procedure 1.540(b), a motion for relief from judgment was granted by the trial court four and one-half years after the judgment and three and one-half years after the act from which the debtor claimed relief. We reverse.

The creditor/appellant leased recycling equipment to a lessee which was unable to comply with the lease. The debtor/appel-lee assumed the obligations under the lease and nine months later filed for bankruptcy.

Ultimately, the debtor could not comply with the lease either. As a result, the *410parties entered into a stipulation for settlement. Under its…