GUSHI BROS. CO. v. BANK OF GUAM

No. 93-16133.

28 F.3d 1535 (1994)

GUSHI BROTHERS COMPANY; Chuji G. Chutaro; Beverly L. Chutaro, Plaintiffs-Appellees, v. BANK OF GUAM, Defendant-Appellant.

United States Court of Appeals, Ninth Circuit.

Decided July 7, 1994.


Attorney(s) appearing for the Case

Mark E. Cowan and Anita P. Arriola, Arriola, Cowan & Bordallo, Agana, GU, for defendant-appellant.

Douglas F. Cushnie, Saipan CNMI, for plaintiffs-appellees.

Before: FARRIS, BEEZER and RYMER, Circuit Judges.


Opinion by Judge BEEZER.

BEEZER, Circuit Judge:

The Bank of Guam ("Bank") challenges the district court's denial of its motion for judgment as a matter of law or, alternatively, a new trial pursuant to Fed.R.Civ.P. 50(b) as to Gushi Brothers' ("the Chutaros") claim for violation of the Bank Holding Company Act, 12 U.S.C. §§ 1971-1978.1 The Bank contends that the court used an improper legal standard and that there was...

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