Hal Commodity Cycles Management Co., an Arizona Corporation v. Riva Kirsh
Court of Appeals for the Seventh Circuit
1Opinion of the Court
MANION, Circuit Judge.
In 1982, plaintiff, Hal Commodity Cycles Management Co. (“Halco”), an Arizona corporation, brought an action against defendant, Riva Kirsh, a citizen of Toronto, Canada. The complaint alleged that Kirsh had fraudulently induced Halco 1 to permit her to open, withdraw funds from, and trade on, a commodity futures trading account. Three years later, when Kirsh failed to appear at the final pretrial conference, the district judge ordered entry of a default judgment against her. Kirsh filed a motion to vacate the judgment pursuant to Fed.R.Civ.P. 60(b)(1). The district court…
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