Kunihiko Morioka v. I & F Corporation Guam, and Hanil Development Co., Ltd.

999 F.2d 543 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. Kunihiko MORIOKA, Plaintiff-Appellant, v. I & F CORPORATION GUAM, Defendant, and Hanil Development Co., Ltd., Defendant-Appellee. No. 91-16915. United States Court of Appeals, Ninth Circuit. Argued and Submitted June 15, 1993. Decided July 23, 1993. Before FAIRCHILD, * BEEZER AND WIGGINS, Circuit Judges. 1 MEMORANDUM ** 2 Kunihiko Morioka appeals the district court's affirmance of the superior court's summary judgment quieting title in Hanil Development Co. against Morioka's claims to real property. We have jurisdiction under 48 U.S.C. § 1424-3 (c), and we affirm. 3 * In August 1988, Morioka agreed to purchase real property for about $21 million. Morioka did not record the agreement, and the transaction was not closed. Five days later, Hanil agreed to buy the property for $19 million. It deposited $100,000 and recorded the agreement. After two months, Morioka filed a notice of lis pendens describing the…