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  5. 673 F.Supp. 1394 (1987)
 

STERLING FOREST ASSOCIATES v. BARNETT-RANGE CORP.

No. 86-644-CIV-5.

673 F.Supp. 1394 (1987)

STERLING FOREST ASSOCIATES, LTD., Plaintiff, v. BARNETT-RANGE CORPORATION, et al., Defendants.

United States District Court, E.D. North Carolina, Raleigh Division.

January 6, 1987.

Attorney(s) appearing for the Case

Charles Gordon Brown, William D. Bernard, Faison, Brown, Fletcher & Brough, Chapel Hill, N.C., for plaintiff.

Michael E. Weddington, Martha Jones Mason, Raleigh, N.C., for defendant FarWest Sav. & Loan.

Joseph C. Moore, Jr., Young, Moore, Henderson & Alvis, Raleigh, N.C., for defendants Barnett-Range, Barnett and Range.

ORDER

TERRENCE WILLIAM BOYLE, District Judge.

This action for negligence, gross negligence and breach of contract arises out of a Purchase Agreement jointly drafted and entered into by plaintiff Sterling Forest Associates, Ltd. ("Sterling") and defendant Barnett-Range Corporation ("Barnett-Range"). The agreement provided in part that plaintiff would purchase a certain tract of land and that Barnett-Range would construct a 174-unit apartment complex on the...

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