Ferraro v. Patota

This is an action brought on February 21, 1979, by the plaintiff Angelo Ferraro, against the defendant, John J. Patota, to recover monies advanced toward the purchase of a corporation known as “Sal's, Inc.” and for losses occasioned by the plaintiff s operating the business of the corporation.

The defendant failed to file a timely answer, and a default judgment was entered on May 4, 1979, with the execution being issued on May 17, 1979. On May 24, 1979, the defendant filed a Motion For Relief From Judgment, which was allowed on June 7, 1979. Judgment was vacated and the execution superseded.…