OPINION
MURRAY M. SCHWARTZ, District Judge.
This is an action for declaratory and injunctive relief under 28 U.S.C. §§ 2201-02 (1976) with jurisdiction based upon diversity, and an application for an order confirming an arbitral award under 9 U.S.C. § 201 (1982). The Court has before it plaintiff's motion for a preliminary injunction and defendant's motion for summary judgment. The central issue embodied in those motions is one of first impression...
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