Bank of Hawaii v. Neru

ORDER DENYING MOTIONS FOR RECONSIDERATION OR NEW TRIAL

This matter involves the ownership of two buses. Following trial, the court held that plaintiff Bank of Hawaii ("BOH") has a valid and enforceable security interest in one of the buses ("bus #3"), and that defendant American Samoa Government ("ASG") owns the other bus ("bus #1) free *70of BOH's claimed security interest. Each party now moves for reconsideration or new trial regarding the bus which it was not awarded. The court regularly heard the motions on May 8, 1997. Counsel for BOH and ASG were present.

Discussion

A. BOH's Motion

BOH argues…