MEMORANDUM AND ORDER
CANNELLA, District Judge.
Defendant's motion to set aside the default judgment is denied. Fed.R.Civ.P. 55(c) and 60(b).
BACKGROUND
Plaintiff International Ladies Garment Workers' Union ["ILGWU"] National Retirement Fund [the "Fund"] is an employee pension benefit plan of the ILGWU [the "Union"], a 250,000 member union. The Fund is an employee pension benefit plan within the meaning of the Employee Retirement Income...
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