DSF Investors, LLC v. Lyme Timber Co.

Botsford, Margot, J.

INTRODUCTION

Plaintiff DSF Investors, LLC (DSF) filed this action seeking a declaratoiy judgment that a Term Sheet entered into with defendant Lyme Timber Company is a non-binding agreement creating no legal rights and obligations between the parties. This matter is before the court on DSF’s and third-party defendant Solomon’s motion for summary judgment on DSF’s complaint, Lyme’s counterclaim and Lyme’s third-party complaint under Mass.RCiv.P. 56. For the reasons discussed below, the motion for summary judgment is allowed in part and denied in part

BACKGROUND

The following…