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SOUTH SEAS CORP. v. SABLAN

DCA Nos. 80-9023, 80-9005.

525 F.Supp. 1033 (1981)

SOUTH SEAS CORPORATION, Plaintiff-Appellee, v. Vicente S. SABLAN, et al., Defendants-Appellants.

United States District Court, N. Mariana Islands, Appellate Division.

October 21, 1981.

Attorney(s) appearing for the Case

William Fitzgerald, Cushnie & Fitzgerald, Saipan, Cm., for plaintiff-appellee.

Randall T. Fennell, Saipan, Cm., for defendants-appellants.

Before LAURETA and DUENAS, District Judges, and MOORE, Designated Judge.

OPINION

LAURETA, District Judge:

Vicente Sablan and Hong Kong Fruit Sugar Company (H.K.F.S.C.) appeal the Commonwealth Trial Court's decision that appellee South Seas Corporation (South Seas) owns land to which Sablan presently holds title and upon which South Seas' hotel complex sits. The trial court so concluded after determining that Sablan and H.K.F.S. C.'s owner (Koyama), while serving as South Seas directors, obtained funds for South Seas and misused...

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