Cerilli v. Newport Offshore, Ltd.

OPINION

WEISBERGER, Justice.

This case comes before us on appeals by PC & J Contracting Co., Inc., and Harold L. Schein from rulings made by a justice of the Superior Court in respect to two controversies arising in the course of administering the above-entitled receivership proceedings. We affirm the rulings of the trial justice. The facts underlying the subject controversies insofar as pertinent to the appeals will be set forth under the heading applicable to each controversy.

I

THE PURCHASE OF ASSETS BY PC & J CONTRACTING CO., INC.

PC & J Contracting Co., Inc. (PC & J), made an offer to the…