POSNER, Circuit Judge.
This is a complex commercial case, involving a number of claims and counterclaims and no fewer than eight parties. Five of the eight, however, are affiliated with the three named in the caption, and can be ignored. The lawyers, drowning in detail, have done a poor job of presenting the facts and issues in an orderly, compact, and comprehensible form. We shall simplify for the sake of clarity.
The basis of federal jurisdiction is diversity...
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