MEMORANDUM OF DECISION AND ORDER ON DEFENDANT'S VERIFIED MOTION TO REOPEN ADVERSARY PROCEEDING AND VACATE DEFAULT JUDGMENT
Introduction
ALAN H.W. SHIFF, Bankruptcy Judge.
Defendant Kevin Wright seeks to reopen this adversary proceeding and vacate the $12 million default judgment entered against him. For the reasons that follow, the defendant's motion is denied.
Background1
On August 26, 2007...
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