Union Building Materials Corp. v. Kakaako Corp.

*147OPINION OF THE COURT BY

HEEN, J.

Plaintiff, appellant-cross appellee, Union Building Materials Corp. (Union) and defendants, appellees-cross appellants, The Ka-kaako Corporation and Partnership Pacific Bank N.V. (hereafter Kakaako and Pacific, or collectively Defendants where appropriate) have appealed from the declaratory judgment of the trial court. We affirm the trial court’s holding that the sublease between the parties is a valid sublease, but reverse its holding that the sublease is for a term of years.

On September 7,1978, Union sued Kakaako for damages alleging that Kakaako had breached…