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PNC BANK v. BLUESTREAM TECHNOLOGY

No. 2862 EDA 2009.

14 A.3d 831 (2010)

PNC BANK, NATIONAL ASSOCIATION, Appellee v. BLUESTREAM TECHNOLOGY, INC., Appellant.

Superior Court of Pennsylvania.

Filed November 23, 2010.

Reargument Denied January 11, 2011.

Attorney(s) appearing for the Case

John Jacko , Philadelphia, for appellant.

Marc J. Zucker , Philadelphia, for appellee.

BEFORE: FORD ELLIOTT, P.J., BOWES, J., and McEWEN, P.J.E.

OPINION BY BOWES, J.:

Bluestream Technology, Inc., appeals from the order entered on September 10, 2009, denying its petition to strike and/or open a confessed judgment and to dismiss or stay the proceedings. After careful review, we reverse and remand for proceedings consistent with this opinion.

The trial court recited the relevant facts as follows.

In December, 2007, Shimon and Hinda Petegorsky retained...

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