Ivens Corp. v. Hobé Cie Ltd.

This is an appeal and cross appeal from a final judgment entered in favor of the plaintiff Hobe’ Cie Ltd. in a breach of contract action. We affirm the final judgment in all respects based on the following briefly stated legal analysis.

First, we reject the defendant Iv-ens Corporation’s contention that the trial court lacked jurisdiction to adjudicate the contract rights of the parties. The record clearly demonstrates that the plaintiff had standing to bring the instant lawsuit in its own right as the distributor of pearl necklaces which it purchased from FIPA, N.V. and resold at a profit to…