Old Republic Insurance v. Pacific Financial Services of America, Inc.
Court of Appeals for the Second Circuit
1Per curiam
Defendant-appellant Pacific Financial Services of America, Inc. (“Pacific”),1 appeals from the order of the United States District Court for the Southern District of New York (Richard Owen, District Judge) denying its motion to vacate a default judgment in the amount of $119,546.09 entered in favor of plaintiff-appellee Old Republic Insurance Company (“Old Republic”). We affirm.
BACKGROUND
Old Republic acted as surety on a customs bond, effective April 25, 1985, guaranteeing to the United States Customs Service (“Customs”) payment of liquidated damages incurred by the principal, “Pacific…
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