Tuckerbrook Alternative Investments, LP v. Banerjee

MEMORANDUM AND ORDER

YOUNG, District Judge.

I. INTRODUCTION

Tuckerbrook Alternative Investments (“Tuckerbrook”) filed a lawsuit against Sumanta Banerjee (“Banerjee”) alleging claims for breach of a settlement agreement previously entered into in a 2008 lawsuit between the two parties. The complicated and laborious procedural posture of this case, explored below, places this Court in the unique position of determining whether to vacate the second default judgment entered against Banerjee for failing to respond to the complaint.

II. BACKGROUND

Tuckerbrook is a registered investment advisor regulated…