FINDINGS OF FACT AND CONCLUSIONS OF LAW
NEWMAN, Senior Judge (sitting by designation).
Introduction
Plaintiff, Southern Industries of Clover, Ltd. (plaintiff or "Southern"), located in Bronx County, New York is a wholesaler of yarn. Southern brings this diversity action under 28 U.S.C. § 1332(a)(1) to recover the sum of $688,237.61, plus interest, representing an alleged unpaid balance due Southern for the purchase of yarn by defendant...
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