In The Matter Of Bishop

Good Law
856 F.2d 78·1988 U.S. App. LEXIS 11515
United States Court of Appeals for the Ninth CircuitAugust 23, 198886-2214California1,939 words

Opinion

Opinion

856 F.2d 78 In the Matter of BISHOP, BALDWIN, REWALD, DILLINGHAM & WONG, INC., a Hawaii corporation, Debtor. Reynaldo D. GRAULTY, Trustee of Bishop, Baldwin, Rewald, Dillingham & Wong, Inc., and not individually, Plaintiff-Appellant, v. BANK OF HAWAII, Defendant-Appellee. No. 86-2214. United States Court of Appeals, Ninth Circuit. Argued April 17, 1987. Submitted March 7, 1988. Decided Aug. 23, 1988. James A. Wagner and Richard S. Kanter, Honolulu, Hawaii, for plaintiff-appellant. Thomas E. Cook and Steven Y. Otaguro, Lyons, Brandt, Cook & Hiramatsu, Honolulu, Hawaii, for defendant-appellee. Appeal from the United States District Court for the District of Hawaii. Before WALLACE, * FERGUSON and WIGGINS, Circuit Judges. PER CURIAM: 1 This bankruptcy appeal presents legal questions relating to Hawaii's interpretation of sections 5 and 9 of the Uniform Fiduciaries Act (UFA), Haw.Rev.Stat. Secs. 556-4, 556-8 (1985). The trustee in bankruptcy of an investment firm brought suit in federal district court against the Bank of Hawaii ("Bank") for money allegedly disbursed by the Bank in violation of the UFA. The trustee now appeals summary judgment for the Bank. After certifying…

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