MPM Hawaiian, Inc. v. Amigos, Inc.

This is an appeal by appellant MPM Hawaiian, Inc. (MPM) from an adverse judgment rendered against MPM by the circuit court in a bench trial. The trial involved a suit brought by MPM against appellees Amigos, Inc. (Amigos), David Y. S. Kong; Kevin B. McClory and Jeanne M. Guerin to enforce payment on a $34,000 promissory note payable to MPM, which was executed by Amigos as principal, obligor and by the other parties as personal guarantors. Amigos had purchased a business from MPM, and the note represented the balance of the purchase price.

After suit was filed, appellees claimed they were not…