Sage Street Associates v. Federal Insurance Co.

OPINION

FRANK C. PRICE, Justice.

Sage Street Associates, 3525 Sage Street Associates, and Marvin B. Myers, appellants, collectively referred to herein as Sage, appeal summary judgment in favor of Federal Insurance Company and Rampart Capital Corporation (successor in interest to NBC Bank), appellees.

Background

This case has a long and convoluted factual and procedural history. Northdale Construction Company contracted to build a high-rise apartment building for Sage. Sage terminated Northdale before construction was complete. Northdale and Sage each brought breach of contract actions against the…