MEMORANDUM OPINION
WOODS, District Judge.
PRELIMINARY STATEMENT
This is a diversity case brought by Basso Chemicals, Inc. a Florida corporation, against Ozark Chemical Company, an Arkansas corporation, and William T. Schmidt, an Arkansas resident presently employed by Ozark and formerly employed by Basso. Both Ozark and Basso are now engaged in the manufacture of defoaming agents, which are necessary for the production of pulp and paper products...
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