O'SCANNLAIN, Circuit Judge:
In this suit to compel arbitration, we must examine the interplay between federal and state law in the application of a contract's arbitration clause.
I
In February of 1991, Foodmaker International ("Foodmaker"), a franchiser of Jack in the Box fast food restaurants, entered into a Development Agreement with Wolsey, Ltd. ("Wolsey"), a Hong Kong corporation, which gave Wolsey the right to develop Jack in the Box restaurants...
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