Legal Opinion
South Seas Corp. v. Sablan
District Court, Northern Mariana Islands
Decided October 21, 1981No. DCA 80-9023, 80-9005PublishedCited by 13 opinions
1Opinion of the Court
OPINION
LAURETA, District Judge:
Vicente Sabían 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 Sabían presently holds title and upon which South Seas’ hotel complex sits. The trial court so concluded after determining that Sabían and H.K.F.S. C.’s owner (Koyama), while serving as South Seas directors, obtained funds for South Seas and misused the money to finance Sablan’s private purchase of the land. Judgment against Sabían rested upon his violation of his fiduciary duty as a…
2Cases cited17 opinions
- McAllister v. United StatesSupreme Court of the United States · 1954
- Geddes v. Anaconda Copper Mining Co.Supreme Court of the United States · 1921
- Guzman v. PichiriloSupreme Court of the United States · 1962
- Newton v. Hornblower, Inc.Supreme Court of Kansas · 1978
- Las Luminarias of the New Mexico Council of the Blind v. IsengardNew Mexico Court of Appeals · 1978
12 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Tatung Co. v. Shu Tze HsuDistrict Court, C.D. California · 2016
- In Re Holiday Isles, Ltd.United States Bankruptcy Court, S.D. Florida. · 1983
- Bank of Santa Fe v. Honey Boy Haven, Inc.New Mexico Supreme Court · 1987
- South Seas Corp. v. SablanCourt of Appeals for the Ninth Circuit · 1982
- Aldan v. KaipatDistrict Court, Northern Mariana Islands · 1985
8 more not listed; retrieve them via the Exa API.