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EIE GUAM CORP. v. SUPREME COURT OF GUAM

No. 98-71416.

191 F.3d 1123 (1999)

EIE GUAM CORPORATION, Petitioner, v. THE SUPREME COURT OF GUAM, Respondent. The Long-Term Credit Bank of Japan, Ltd., Real Party in Interest.

United States Court of Appeals, Ninth Circuit.

Decided September 9, 1999.

Attorney(s) appearing for the Case

Shirley M. Hufstedler, Morrison & Foerster, Los Angeles, California, for the petitioner.

Jaculin Aaron and William M. Burke, Shearman & Sterling, New York, New York, and G. Patrick Civille, Ching, Civille, Calvo & Tang, Hagatna, Guam, for the real party in interest.

Before: THOMAS G. NELSON, HAWKINS, and GRABER, Circuit Judges.

MICHAEL DALY HAWKINS, Circuit Judge:

EIE Guam Corporation ("EIE Guam") seeks certiorari review of a decision of the Supreme Court of Guam reversing the Guam Superior Court's summary judgment grant on a counterclaim filed by the Long-Term Credit Bank of Japan, Ltd. ("LTCB"). Review is sought of the Guam Supreme Court's holding, as a matter of Guam law, that an off-shore bank, without an office on Guam, entering into loans secured by Guam real property may maintain...

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