Banque Internationale Luxembourg v. Dacotah Companies

OPINION

HUSPENI, Judge.

In an action by appellant Dacotah Companies, Inc., to vacate a judgment entered under a warrant of attorney to confess judgment, the district court granted the motion to vacate, conditioned upon appellant posting a $400,000 bond. Dacotah appeals this decision alleging it was improper to condition the vacation upon the posting of the bond. Respondent filed a notice of review asking that this court, if it disturbs the trial court’s bond requirement, address the issue of whether vacating a judgment entered by confession is proper. We affirm the trial court and do not reach…