MEMORANDUM AND ORDER DENYING JOINT MOTION FOR STAY
GENE CARTER, Chief Judge.
Plaintiff and Defendant have filed a joint motion for a stay of this action pending arbitration. Counterclaim Defendant Alden assents to the granting of the motion. Party in Interest Kansallis-Osake-Pankki (KOP) objects. The Court held a hearing on the motion on March 19, 1991, and has had the benefit of initial and supplemental written submissions of counsel.
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