Rhode Island Depositors' Economic Protection Corp. v. Mollicone

OPINION

This matter came before us on April 16, 1996, pursuant to an order directing the defendants to appear and show cause why the issues raised in this appeal should not be summarily decided. The defendants, Anna F. Mollicone (Mrs. Mollicone) and Joseph Mollicone, Jr. (Mollicone), appeal from a summary judgment entered in the Superior Court in favor of the plaintiff, the Rhode Island Depositors’ Economic Protection Corporation, as assignee of the receiver of Heritage Loan and Investment Company. The trial justice ruled that Mollicone had transferred funds to his mother, Mrs. Mollicone, in…