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SILVER v. GEORGE

No. 6620.

644 P.2d 955 (1982)

Maurice Lee SILVER, Plaintiff-Appellant, v. Peter T. GEORGE, William H. Krutzer, III, Robert J. Smolenski, individually, and as officers and agents of Pace Corporation, Pace Corporation, and Torkildson, Katz & Conahan, a Law Corporation, Defendants-Appellees.

Supreme Court of Hawaii.

May 13, 1982.

Attorney(s) appearing for the Case

Richard E. Stifel, Honolulu (Goodsill, Anderson & Quinn, Honolulu, of counsel), for defendants-appellees Robert J. Smolenski and Torkildson, Katz & Conahan.

Dennis E.W. O'Connor and Erik R. Zen, Honolulu (Hoddick, Reinwald, O'Connor & Marrack, Honolulu, of counsel), for defendants-appellees George, et al.

Joseph A. Ryan, Honolulu, and George T. Davis, San Francisco, Calif., (Ryan & Ryan, Honolulu, of counsel), for plaintiff-appellant.

Before RICHARDSON, C.J., LUM and NAKAMURA, JJ., and OGATA and MENOR, Retired Justices, assigned by reason of vacancies.

NAKAMURA, Justice.

We granted certiorari because of an inconsistency between the Intermediate Court of Appeals' application of the usury statute1 in this case, Haw. App., 618 P.2d 1157, and our reading of the statute in Dang v. F and S Land Development Corp., 62 Haw. 583, 618 P.2d 276 (1980). Although the intermediate appellate court correctly set aside the circuit...

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