HAIWAII CREDIT CARD CORP. v. Continental Credit Card Corp.

RULING ON DEFENDANTS’ MOTION TO DISMISS

PENCE, Chief Judge.

Plaintiff, a Hawaiian corporation, has filed its complaint against defendant California corporations in the nature of a diversity action, alleging in substance that in December 1966, defendants gave plaintiff’s predecessor and assignor a territory franchise agreement for exclusive membership sales rights for the credit card program of defendant Continental Credit Card Corporation (Continental), the alter ego of defendant Universal Credit Acceptance Corp. (Universal), in the State of Hawaii and that after plaintiff had fulfilled its…