Dobison v. Bank of Hawaii

This is an appeal from a summary judgment entered in favor of defendant Bank of Hawaii. In their complaint, the plaintiffs charged that the bank, through its employees, had made certain oral misrepresentations regarding the financial status and business stability of a third party (Telecheck International, Inc.) to the detriment of the plaintiffs. They alleged fraud and negligence on the part of the bank. In its motion for summary judgment, the bank contended that under HRS § 656-3, it was entitled to judgment as a matter of law. The trial court held that the statute was a defense and granted…