National City Bank v. Reat Corp.

William J. Martin, Judge.

Plaintiff-appellant, National City Bank (“appellant”), appeals the decision of the trial court wherein defendants-appellees, Reat Corporation and Brown Derby, Inc. (“appellees”), were granted relief pursuant to Civ.R. 60(B) from two cognovit judgments. Upon review of the record, we affirm.

The instant action arose by the filing of two complaints by appellant seeking the enforcement of judgment on two cognovit promissory notes. The first note was signed by appellees on November 4, 1981 in the principal amount of $4,250,000 and the second was signed on May 27, 1982 in…