JON O. NEWMAN, Chief Judge:
This appeal concerns the scope of the District Court's discretion in deciding whether to grant security and/or countersecurity to a defendant-counterclaimant in an admiralty proceeding brought in aid of arbitration. The issue arises on an appeal by defendant Ferruzzi Trading USA Inc. ("Ferruzzi") from an order entered on August 24, 1994, by the United States District Court for the District of Connecticut (Alan H. Nevas, Judge). Plaintiff...
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