Knecht, Inc. v. First Indemnity of America Insurance

OPINION

GEBELEIN, Judge.

Before the Court for decision is plaintiff’s motion to set aside a satisfaction of judgment entered on the records of this Court, September 28, 1989. The factual basis for this motion indicates that a default judgment was entered in plaintiff’s favor on August 17, 1989 against defendant, First Indemnity of America Insurance Company, the bonding company for Space Engineering Mechanical Corp. The amount of the judgment was for $88,-732.27.

On or about September 27, 1989 an individual, a purported principal of Space Engineering, appeared at plaintiff’s offices to obtain…