Benedict v. Key Bank of Alaska

OPINION

SHORTELL, Justice Pro Tern.

I. INTRODUCTION

Howard Benedict appeals the superior court’s denial of his Alaska Rule of Civil Procedure 60(b) motion for relief from a default judgment obtained by Key Bank of Alaska. We affirm the trial court’s ruling.

II. FACTS AND PROCEEDINGS

In 1984, Key Bank loaned a substantial amount of money to a partnership in which Howard Benedict was a general partner. The loan was secured by a deed of trust on real property in Anchorage (property). Benedict also personally guaranteed the promissory note on the loan. The partnership was unable to make payments in…