Rapoport v. Tesoro Alaska Petroleum Co.

OPINION

COMPTON, Justice.

The sole issue in this case is whether the trial court erred in holding that the superi- or court’s decision in Rapoport v. Tesoro Alaska Petroleum Co., No. 4FA-87-1176, aff'd, 790 P.2d 1374 (Alaska 1990) {Rapo-port I) collaterally estops Rapoport from asserting the same excuse which failed to justify setting aside the default judgment against him in that ease to justify setting aside the default judgment in this case.

I. FACTS AND PROCEEDINGS

Both parties agree on the operative facts. In 1986 Rapoport, as a shareholder in RRFG Investments, Ltd., a closely held…