Reisch v. Greenwood Arms Cooperative Corp.

In an action for reimbursement of a waiver of option fee imposed by the defendant upon the plaintiff in connection with the transfer of shares of cooperative housing stock, the defendant appeals from an order of the Supreme Court, Queens County (Cooperman, J.), dated June 9, 1987, which denied its motion to vacate a judgment of the same court (Hyman, J.), dated December 24, 1986, in favor of the plaintiff and against it upon its default in appearing and answering.

Ordered that the order is affirmed, with costs.

Where a party which has not been personally served with a summons and complaint…