MEMORANDUM & ORDER
GORTON, District Judge.
This action arises out of an alleged breach of a purchase and sale agreement ("P & S") with respect to a truck stop. Plaintiff Eric Hansen ("Hansen"), the putative buyer, brings suit against Rhode Island's Only 24 Hour Truck & Auto Plaza, Inc., Best New England, Inc., Thomas A. Gotauco and Lantic Energy, LLC a/k/a Lantic Green Energy (collectively, "defendants"), the putative sellers.
I.
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