Pacific National Bank v. Caldwell

INTRODUCTION

The plaintiff, Pacific National Bank of Nantucket (Pacific), brings this action to enforce a default judgment from the Circuit Court of the First Circuit in the State of Hawaii against the defendant, Laurence J. Caldwell (Caldwell). Pacific also seeks to reach and apply the property of Caldwell, held by Arthur I. Reade (Reade) as Executor of the Estate of Robert C. Caldwell and Reade and Sarah F. Alger (Alger) as Co-Trustees of the South Lot Trust, in satisfaction of its judgment and related coats.

BACKGROUND

From the materials submitted to the court in conjunction with the summary…