SAMP v. LAURO THIN FILMS, INC.

No. 98-414-Appeal.

731 A.2d 708 (1999)

SHEER ASSET MANAGEMENT PARTNERS v. LAURO THIN FILMS, INC.

Supreme Court of Rhode Island.

June 18, 1999.


Attorney(s) appearing for the Case

Robert D. Wieck, Robert B. Berkelhammer, Providence, for Plaintiff.

Michael A. Gamboli, Brian J. Spero, Providence, for Defendant.

Present WEISBERGER, C.J., and LEDERBERG, BOURCIER, FLANDERS, and GOLDBERG, JJ.


OPINION

PER CURIAM.

This appeal was brought by Michael Lauro (Lauro), on behalf of Lauro Thin Films, Inc. (LTF), challenging an order by the trial justice denying LTF's motion to disallow a claim filed by Sheer Asset Management Partners (SAMP).1 Lauro is a one-third shareholder of the outstanding common stock of LTF and maintains that certain transactions entered into between the parties were usurious, and therefore invalid....

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