Opinion ID: 196374
Heading Depth: 4
Heading Rank: 4

Heading: Applying Rhode Island Law to Leach and Main

Text: The summary judgment record contains the uncontroverted affidavit of Main's president Max Leach stating that Main did not acquire any inventory or other assets from H. Leach. At oral argument, Carreiro's lawyer asked this court to infer that some assets must have been transferred when Leach employees joined Main (assets such as hand tools, shop supplies, pencils, and goodwill consisting of the Rhodes distributorship and Leach's customer base), but nothing in the summary judgment record supports that inference. This argument, not presented below and made for the first time at oral argument, is waived. See National Amusements, Inc. v. Town of Dedham, 43 F.3d 731, 749 (1st Cir.), cert. denied, 115 S. Ct 2247 (1995)(arguments not -16- 16 presented below are waived); Frazier v. Bailey, 957 F.2d 920, 932 (1st Cir. 1992)(arguments not fully presented in appellate brief are waived). In sum, having concluded that Rhode Island law would not impose successor liability under the de facto merger and mere continuation exceptions absent an asset transfer, and finding no evidence of any asset transfer on the record, we affirm summary judgment for defendant Main.