The IAS Court properly treated defendant's motion for leave to serve a late answer as one to vacate its default, where defendant had not received notice of the motion for a default judgment or of the ensuing order, and where the parties had adequate opportunity to address the issues relevant to vacatur. Defendant offered a reasonable excuse for its default, namely, that its broker misdirected the complaint to the wrong insurer, that its insurer then misplaced it, that settlement...
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