MEMORANDUM OPINION AND ORDER
WILLIAM E. DOYLE, District Judge.
I. BACKGROUND FOR THIS MOTION
On or about August 1, 1964, plaintiff, Oxford Industries, Inc., (a garment manufacturer) entered into an agreement with defendant, Koratron Company, Inc., the wholly-owned subsidiary of defendant, Koracorp Industries, Inc., to license Koratron's permanent press process. This 1964 license agreement allegedly contained a provision in which Koratron agreed...
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