OPINION AND ORDER
TEITELBAUM, Chief Judge.
The above captioned action was initiated by C.I.T. Corporation (hereinafter referred to as CIT) on March 29, 1983 seeking a declaratory judgment. Jurisdiction was alleged to exist on the basis of diversity of citizenship and requisite amount in controversy.
A temporary restraining order was issued on March 31, 1983 and a hearing on a preliminary injunction was set for April 5, 1983. On that date representatives...
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