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SHANGHAI INV. CO., INC. v. ALTEKA CO., LTD.

No. 20709.

993 P.2d 516 (2000)

92 Hawai`i 482

SHANGHAI INVESTMENT COMPANY, INC., a Hawai`i corporation, Plaintiff-Appellee, Cross-Appellant, v. ALTEKA CO., LTD., a Japan corporation, Defendant-Appellant, Cross-Appellee. Alteka Co., Ltd., a Japan corporation, Plaintiff-Appellant, Cross-Appellee, v. Windward Park, Inc., a Hawai`i corporation, Thomas Enomoto, Defendants-Appellees, Cross-Appellants, and John Does 1-10, Doe Partnerships 1-10, Doe Corporations 1-10, Defendants.

Supreme Court of Hawai`i.

As Amended February 4, 2000.

Attorney(s) appearing for the Case

Paul Alston (David A. Nakashima, Alicia M. Leonhard, Lea Hong with him on the brief) on the briefs, Honolulu, for plaintiff-appellant/cross-appellee.

Steven K.S. Chung (Michel A. Okazaki with him on the brief), on the briefs, Honolulu, for defendants-appellees/cross-appellant.

KLEIN, Acting C.J., LEVINSON, NAKAYAMA, and RAMIL, JJ. and Circuit Court Judge NAKATANI in place of MOON, C.J., Recused.

Opinion of the Court by KLEIN, J.

This appeal arises out of a contract to purchase two parcels of property by plaintiff-appellant Alteka Co., Ltd. (Alteka) from defendant/appellee/cross-appellant Windward Park, Inc. (Windward). Shanghai Investment Co. (Shanghai), the alleged assignee of a promissory note from Alteka, sued Alteka for specific performance of the agreement to assign, or, in the alternative, damages for breach of the agreement to assign in Civil No. 94...

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