District Court, D. Hawaii October 25, 2001, CV. 01-00165 ACK (Fuchs v. TOKYU CORP.)

ORDER DENYING PLAINTIFFS’ MOTION TO DISMISS

KAY, District Judge.

BACKGROUND

This case stems from a soured real estate transaction. On January 9, 2001, Michael Fuchs Development (Hawaii) LLC (collectively with Michael Fuchs, “Plaintiffs”) entered into a Purchase and Sale Agreement (“Agreement”) for the purchase of approximately 100 acres of vacant land within the Mauna Lani Resort (the “Property”)