Opinion for the court filed by Chief Judge MARKEY.
MARKEY, Chief Judge:
Defendants Key West & Caribbean Trading Company (Key West) and its president, Boyd Morrow, appeal from a default judgment in favor of plaintiff John Keegel, et al. (Keegel). We reverse and remand.
BACKGROUND
Keegel filed a complaint against Key West and Morrow on August 31, 1978 seeking rescission, restitution, compensatory damages, and interest, for alleged fraud...
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