Rhode Island Depositors' Economic Protection Corp. v. Insurance Premium Financing, Inc.

ORDER

This case came before the Supreme Court for oral argument pursuant to an order directing the defendant to appear and show cause why the issue raised in this appeal should not be summarily decided. After hearing the arguments of counsel and examining their memoranda we conclude cause has not been shown and the matter should be decided at this time. Insurance Premium Financing, Inc. and Ann Shannon (defendants) appeal from a Superior Court order entering summary judgment in favor of the plaintiff, Rhode Island Depositors’ Economic Protection Corporation (DEPCO).

On July 11, 1987, defendants…