Modified, on the law and the facts and in the exercise of discretion, to limit discovery to the period commencing January 1, 1972 and thereafter, and further limiting the inquiry so as to exclude from disclosure in this proceeding an investigation of the circumstances underlying the transactions involved, and otherwise affirmed, without costs and without disbursements.
Although the court has the right and the power "`to open defaults, to set aside or vacate judgments...
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