The defendant, Louisiana-Pacific Corporation, owns and operates a wood pulp mill in Ketchikan, Alaska. The mill produces a by-product known as "rayon rejects". These rejects can either be reprocessed or sold "as is".
Plaintiff's sole business was purchasing rejects from defendant for resale to Beauknit Fibers in Utica, New York. The parties followed standard procedure for several years prior to 1979 when defendant ceased doing...
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