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TANZI v. FIBERGLASS SWIMMING POOLS, INC.

No. 78-9-Appeal.

414 A.2d 484 (1980)

Richard TANZI et al. v. FIBERGLASS SWIMMING POOLS, INC.

Supreme Court of Rhode Island.

May 9, 1980.

Attorney(s) appearing for the Case

William Young Chaika, Cranston, for plaintiffs.

Winograd, Shine & Zacks, P.C., Allan M. Shine, E. Martin Stutchfield, Providence, for defendant.

OPINION

KELLEHER, Justice.

This is an appeal from a Superior Court judgment that denied the plaintiffs' petition to reclaim corporate assets in the hands of the permanent receiver. The dispute essentially concerned the nature of cash advances made to the corporation, Fiberglass Swimming Pools, Inc. (Fiberglass), by the plaintiffs, Richard Tanzi, its president, operator-owner, and controlling stockholder, and his...

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