NO. 28603
IN THE SUPREME COURT OF THE STATE OF HAWAI`I
FRONTIER ONE, LCC, a Hawaii limited liability
company, Petitioner,
vs.
THE
HONORABLE SABRINA S. MCKENNA, JUDGE OF THE FIRST
CIRCUIT COURT, STATE OF HAWAI`I; VESTIN MORTGAGE, INC.;
VESTIN REALTY MORTGAGE I, INC.; VESTIN REALTY
MORTGAGE II, INC.; OWENS MORTGAGE INVESTMENT FUND;
BRIDGE CAPITAL, INC.; SUNSET FINANCIAL RESOURCES, INC.;
STATE OF HAWAI`I, Respondents.
ORIGINAL PROCEEDING
(CIV. NO.
04-1-2126)
ORDER
(By: Moon, C.J.,
Levinson, Nakayama, Acoba, and Duffy, JJ.)
Upon consideration of the petition for a
writ of mandamus filed by
petitioner Frontier One, LLC and the papers in
support, it appears that the agreement resolving the foreclosure sale
implements the October 31, 2006 order modifying
the May 13, 2005 foreclosure decree. The provisions of the resolution
agreement are reviewable on appeal of a
judgment entered on an order confirming the foreclosure sale, the
judgment may be stayed pending appeal, and
petitioner has an adequate remedy by way of appeal. See HRS § 667-51(a)(2)
(Supp. 2006); HRAP 8. Therefore,
petitioner is not entitled to mandamus relief. See Kema v. Gaddis, 91 Hawai`i
200, 204, 982 P.2d 334, 338 (1999) (A
writ of mandamus is an extraordinary remedy that will not issue unless
the petitioner demonstrates a clear and
indisputable right to relief and a lack of alternative means to redress
adequately the alleged wrong or obtain the
requested action. Such writs are not intended to supersede the legal
discretionary authority of the lower courts, nor are
they intended to serve as legal remedies in lieu of normal appellate
procedures.). Accordingly,
IT IS HEREBY
ORDERED that the petition for a writ of mandamus is denied.
DATED: Honolulu,
Hawai`i, July 5, 2007.