Legal Opinion

Export-Import Bank v. Advanced Polymer Sciences, Inc.

District Court, N.D. Ohio

Decided March 11, 2009No. Case 1:07CV1138PublishedCited by 3 opinions

1Opinion of the Court

OPINION AND ORDER

CHRISTOPHER A. BOYKO, District Judge:

This matter comes before the Court upon Defendants’ Motion to Vacate the cognovit judgment entered against them by this Court on May 22, 2007. For the reasons set out below, the Court DENIES the Motion to Vacate.

I. FACTS

Advanced Polymer Sciences (“APS”) was a Delaware corporation and the family business of Defendants Donald and Arlene Keehan (collectively “Keehans”). Between 1997 and 2000, APS took out a series of loans from Bank One, N.A. (“Bank One”). The series of loans encompassed a domestic line of credit evidenced by three promissory…

2Cases cited33 opinions

  1. Migra v. Warren City School District Board of EducationSupreme Court of the United States · 1984
  2. Klapprott v. United StatesSupreme Court of the United States · 1949
  3. Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
  4. Grava v. Parkman TownshipOhio Supreme Court · 1995
  5. United Coin Meter Company, Inc., a Michigan Corporation v. Seaboard Coastline Railroad, a Virginia CorporationCourt of Appeals for the Sixth Circuit · 1983

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3Cited by3 opinions

  1. Export-Import Bank v. Advanced Polymer Sciences, Inc.Court of Appeals for the Sixth Circuit · 2010
  2. HoneyBaked Foods, Inc. v. Affiliated FM InsuranceDistrict Court, N.D. Ohio · 2010
  3. RSUI Indemnity Company v. National Youth Advocate Program, Inc.District Court, S.D. Ohio · 2024

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