MEMORANDUM OF OPINION AND ORDER
SCHWARZER, District Judge.
Background Facts
Plaintiff John R. Carter seeks to recover contributions which he made to the defendant trust funds on behalf of his employees. In November 1973, Carter purchased the assets of Bay City Foundry Co. from George Romero, unaware that Romero had signed agreements under which he became a contributing employer and subscriber to the trust funds. Carter retained four of Romero...
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