MEMORANDUM OF DECISION
KELLEHER, District Judge.
The above entitled cause came on regularly for hearing on defendants' and counterclaimants' Operating Engineers Pension Trust, et al., motion for summary judgment. The Court having considered the arguments, both written and oral, submitted by the parties now finds the following facts are not in dispute:
Plaintiff Sully Equipment Rentals initiated this action in California Superior Court on May 3, 1982...
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