MEMORANDUM
JOHN GARRETT PENN, District Judge.
The plaintiff filed this action, in which it seeks a stay of arbitration, on May 15, 1987. The case is now before the Court on the plaintiff's motion for a preliminary injunction staying arbitration, and on defendant's motion to compel arbitration and motion for sanctions. The motions were heard on September 10, 1987.
I
Very briefly, the underlying facts are as follows: On or about June 1, 1984...
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