Kaiser Aluminum & Chemical Sales, Inc. v. Ralston Steel Corp.

CAMPBELL, District Judge.

Kaiser Aluminum & Chemical Sales, Inc., a California corporation, hereinafter called “Kaiser”, brought this action against the defendant, Ralston Steel Corporation, an Illinois corporation, hereinafter called “Ralston”, for goods sold and delivered. Jurisdiction of Kaiser’s complaint is founded upon Title 28 U.S.C. § 1332. In response to this pleading, Ralston has filed an answer and counterclaim in which it admits that it owes Kaiser for the goods sold and delivered, but alleges that it has a “setoff and counterclaim” against Kaiser in excess of the amount demanded…