Liam accidentally killed Vinny with his father Bill's car, and then Bill fled the scene and hid evidence while Liam was passed out, because his first instinct in times of trouble is crime. Now that Liam realizes what happened without his knowledge, Bill is berating him about feeling guilt and pressuring him into keeping mum about it all, which will make him all the more guilty when this eventually comes out.
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Andy Hunsaker has a head full of sitcom gags and nerd-genre lore, and can be followed @AndyHunsaker if you're into that sort of thing.