MEMORANDUM OPINION AND ORDER
LAMBROS, District Judge.
STATEMENT OF FACTS
In late January, 1969, Doctor Slodov began negotiations with the then owners of a corporate group hereinafter referred to as "Tastee" for the purchase of their interests in the business. At the time of those negotiations, Tastee was in a precarious financial position and had a loan with National City Bank in excess of $300,000, which was due on January 31, 1969. In addition...
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