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MATTER OF HAWAII CORP.

Bankruptcy No. 76-0512, Civ. No. 79-0037.

567 F.Supp. 609 (1983)

In the Matter of The HAWAII CORPORATION, Debtor. John T. GOSS, Trustee of the Estate of The Hawaii Corporation, Plaintiff, v. Randolph CROSSLEY, et al., Defendants.

United States District Court, D. Hawaii.

March 24, 1983.

Attorney(s) appearing for the Case

Loren R. Rothschild, Robert M. Turner, James L. Marable, Fogel, Rothschild, Feldman & Ostrov, Los Angeles, Cal., R. Charles Bocken, Kenneth R. Kupchak, Diane D. Hastert, Damon, Key, Char & Bocken, Honolulu, Hawaii, for plaintiff.

George L.T. Kerr, Paul M. Ganley, Chun, Kerr & Dodd, Honolulu, Hawaii, G. Richard Doty, McCutchen, Black, Verleger & Shea, Los Angeles, Cal., W. Sidney Davis, Jr., Marc J. Schiller, Sharon L. Fishman, Maria A. Fulgieri, Davis, Markel, Dwyer & Edwards, New York City, for defendant Peat, Marwick, Mitchell & Co.

OPINION AND ORDER

PANNER, District Judge, Sitting by Designation.

INTRODUCTION

Plaintiff John T. Goss is trustee in the Chapter X Reorganization of The Hawaii Corporation (THC). He seeks to recover damages of approximately $22,000,000 allegedly suffered by THC as a result of accounting work done by defendant Peat, Marwick, Mitchell & Company (PMM) in connection with the reorganization of THC and American Pacific Group (APG).

Plaintiff...

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