OPINION
EASTERBROOK, Circuit Judge.
Most of the facts in this diversity action have been stipulated. A bench trial on November 15, 1991, provides the foundation for resolving the remaining disputes. I adopt all of the stipulated facts, repeating them only to the extent necessary for background. This opinion contains the findings of fact and conclusions of law required by Fed.R.Civ.P. 52.
I
In August 1988 Gilbert...
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