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ATLANTIC LEASING & FINANCIAL, INC. v. IPM TECHNOLOGY, INC.

No. 88-1793.

885 F.2d 188 (1989)

ATLANTIC LEASING & FINANCIAL, INC., a corporation, Plaintiff-Appellee, v. IPM TECHNOLOGY, INC., Defendant-Appellant.

United States Court of Appeals, Fourth Circuit.

Decided September 15, 1989.

Rehearing and Rehearing Denied October 23, 1989.

Attorney(s) appearing for the Case

L. Burke Lewis (Lewis & Company, on brief) for defendant-appellant.

Stephen Henry Kaufman (C. Lamar Garren, Piper & Marbury, Baltimore, Md., on brief) for plaintiff-appellee.

Before WINTER, PHILLIPS, and CHAPMAN, Circuit Judges.

Rehearing and Rehearing In Banc Denied October 23, 1989.

HARRISON L. WINTER, Circuit Judge:

Plaintiff, Atlantic Leasing & Financial, Inc. (Atlantic), obtained a confessed judgment in the amount of $72,434.26 against defendant, IPM Technology, Inc. (IPM), as the guarantor of an equipment lease. IPM appeals the district court's refusal to vacate the confessed judgment asserting federal constitutional and state law error. We affirm.

I.

IPM...

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