Create 21 Chuo, Inc. v. Southwest Slopes, Inc.
Hawaii Intermediate Court of Appeals
1Opinion of the Court
BURNS, Chief Judge.
Defendant Southwest Slopes, Inc. (Southwest), appeals the circuit court’s May 12, 1998 Judgment, upon a jury verdict, in favor of Plaintiff Create 21 Chuo, Inc. (Create 21), that (1) rescinded the land sale contract entered into by the parties; (2) pursuant to Hawaii Revised Statutes (HRS) § 449-16.5 (1985), awarded Create 21 recovery of the amount of its aggregate deposits held in escrow, together with all interest earned thereon; and (3) denied Southwest’s counterclaim for damages, permission to retain the $500,-000 deposit, and prejudgment interest. We affirm.
FACTS
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