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R.S. ELLSWORTH v. AMFAC FINANCIAL CORP.

No. 7827.

652 P.2d 1114 (1982)

R.S. ELLSWORTH, INC., a Hawaii corporation; J. Edwin Coates; James W. Ellsworth; R.S. Ellsworth; R.S. and Helene W. Ellsworth; Russell G. and Cristina L. Ellsworth; Stanley H. and Bromwyn Kiyonaga; William L. and Vivian S. Phillips; Lawrence D. and Stephanie Sher; and Suzanne Duryea Witt; Individually and in the right of Hawaii Loa Ridge Ventures, a Hawaii registered limited partnership, Plaintiffs-Appellants, Cross-Appellees, v. AMFAC FINANCIAL CORP., a Hawaii corporation, Defendant-Appellee, Cross-Appellant, and Thomas Lawrence Jett, Defendant-Appellee, Cross-Appellant, and John Does 1 through 10, Defendants.

Supreme Court of Hawaii.

Reconsideration Denied November 10, 1982.

Attorney(s) appearing for the Case

J.W. Ellsworth, Honolulu (William W. Saunders, Honolulu, with him on the briefs), for plaintiffs-appellants, cross-appellees.

Richard R. Clifton, Honolulu (James S. Campbell, Edwin L. Doernberger and Thomas E. Crowley, Honolulu, on the briefs, Cades Schutte Fleming & Wright, Honolulu, of counsel), for defendant-appellee, cross-appellant Amfac Financial Corp.

Andrew S. Hartnett, Honolulu (David L. Turk, Honolulu, of counsel), for defendant-appellee, cross-appellant Thomas Lawrence Jett.

Before RICHARDSON, C.J., LUM, NAKAMURA, HAYASHI, JJ., and MENOR, Retired Justice, Assigned Temporarily, in place of PADGETT, J., recused.

PER CURIAM.

The primary question in this case is whether plaintiffs-appellants have standing to sue. The trial court ruled that plaintiffs had no such standing and granted defendants-appellees' motion to dismiss plaintiffs' suit. We affirm.

Plaintiffs-appellants are stockholders of R.S. Ellsworth, Inc., a Hawaii corporation. R.S. Ellsworth, Inc. is the sole limited partner of Hawaii Loa Ridge Ventures, a Hawaii limited partnership of which Michael Ross, Carlos...

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