Technology Investors v. Town of Westerly

OPINION

WEISBERGER, Chief Justice.

This case comes before us on appeal by the defendants, the town of Westerly et al (the town), from a judgment entered in the Superior Court in favor of the plaintiff, Technology Investors, following a nonjury trial. 1 We reverse. The facts insofar as pertinent to this appeal are as follows.

The plaintiff is a general partnership composed of four individuals. These four individuals are also the sole shareholders of Connector Technology Corporation, a Rhode Island entity. In 1983 the corporation acquired the assets of an engineering firm located in Central Falls…