Opinion ID: 770612
Heading Depth: 1
Heading Rank: 1

Heading: introduction

Text: 1 This matter comes before this court on an appeal by plaintiffs United States Land Resources, L.P. (USLR), United States Realty Resources, Inc. (USRR), Black Horse Lane Associates, L.P. (Black Horse), and Lawrence S. Berger (Berger) (collectively appellants) from two orders entered by the district court in this matter: (1) the order entered August 10, 1999, granting a motion by appellees Dow Chemical Corporation (Dow) and Essex Chemical Corporation (Essex) for summary judgment pursuant to Fed. R. Civ. P. 56, and denying appellants' cross-motion for summary judgment on appellees' counterclaim; and (2) the Final Order entered December 16, 1999, affirming the June 30, 1999 order of the magistrate judge imposing sanctions against appellants, and dismissing appellees' counterclaim without prejudice for lack of subject matter jurisdiction. This litigation arises out of a sale of environmentally distressed real property located at 120 Black Horse Lane, South Brunswick, New Jersey (hereinafter the Property), by Essex to USLR. 2 For the reasons that follow, we will affirm the August 10, 1999 and December 16, 1999 orders of the district court in all respects.