RULING ON PENDING MOTIONS
DORSEY, District Judge.
This diversity action was brought upon a March 1982 yacht purchase agreement by Nicholas Fast (Fast) against Southern Offshore Yachts, Inc. (Southern), its president, Edwin J. Potter, and secretary/treasurer, Wilma F. Potter, (the Potters), and two of its former employees, Charles A. Lovell (Lovell) and Thomas R. Cooper (Cooper). For the reasons set forth below, the motions to dismiss and the motion to stay...
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