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OAHUAN LTD. v. TR., V. K. MAERTENS TR. EST.

No. 8752.

666 P.2d 603 (1983)

In the Matter of the Arbitration Between the OAHUAN, LTD., Appellee, and TRUSTEES OF THE VIOLET K. MAERTENS TRUST ESTATE, Appellants.

Intermediate Court of Appeals of Hawaii.

June 22, 1983.

Attorney(s) appearing for the Case

Robert Bruce Graham, Honolulu (Cheryl A. Nakamura, Honolulu, also on the briefs; Hamilton, Gibson, Nickelsen, Rush & Moore, Honolulu, of counsel), for appellants Trustees.

Robert T. Takamatsu, Honolulu (Bert T. Kobayashi, Jr., Honolulu, also on the brief; Kobayashi, Watanabe, Sugita & Kawashima, Honolulu, of counsel), for appellee The Oahuan, Ltd.

Before BURNS, C.J., and HEEN and TANAKA, JJ.

TANAKA, Judge.

Lessors Kamehameha Maertens and Marguerite F. Kauhane, Trustees of the Violet K. Maertens Trust Estate (the Trustees), appeal the circuit court's confirmation of an arbitration award establishing the lease rent payable by lessee The Oahuan, Ltd. (Oahuan), a Hawaii corporation.

The only issue is whether the arbitrators' determination of the annual lease rent of $35,880 may be vacated under Hawaii Revised Statutes (HRS) § 658-9 (1976)

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