Supreme Court of Rhode Island

Francesco Scotti v. Matthew Mimiaga

October 18, 2024

Summary

The Rhode Island Supreme Court held that the Superior Court erred in granting summary judgment because genuine issues of material fact remained regarding (1) whether the option agreement was supported by consideration, (2) whether the plaintiff properly exercised the option, and (3) whether the parties’ conduct waived the option’s time‑of‑the‑essence requirement. The Court vacated the amended order and remanded the case for further proceedings.