OPINION & ORDER
ELLIS, United States Magistrate Judge.
Plaintiff PG 1044 Madison Associates, LLC ("PG 1044") brings this property action in diversity against defendants Sirene One, LLC ("Sirene One") and its sole officer, Karen Wu. Defendants, in turn, seek indemnification from third-party defendant Jeanette Wei. The Court conducted a two-day bench trial on November 19, 2003, and the parties submitted post-trial briefs in December 2003 and January 2004...
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