Connecticut National Bank v. Oxenhandler

The named defendant appeals from the trial court's denial of his motion to open the default judgment rendered in favor of the plaintiffs, Connecticut *543National Bank (CNB) and CNB Discount Brokerage, Inc. (CNB Brokerage).* 1

The facts relevant to this appeal are as follows. On March 27,1986,1. Benyamin Oxenhandler opened two personal brokerage services accounts. One account was opened for International Gold Specialties, Inc. (IGS), and the other was opened for Panterra Resources, Inc. (Panterra). Benyamin executed two agreements with CNB Brokerage making him personally liable for any…