Thursday, July 26, 2001

Supreme Court
dismisses appeal
of trustee

Lokelani Lindsey questioned
her removal as a Kamehameha
Schools trustee

By Rick Daysog

The Hawaii Supreme Court today dismissed former Kamehameha Schools trustee Lokelani Lindsey's appeal of her removal from the $6 billion trust.

The high court ruled that Lindsey's appeal was moot because she resigned from her $1 million-a-year post in December 1999.

Lindsey resigned pending the outcome of her appeal of Circuit Judge Eden Elizabeth Hifo's May 1999 order removing her from the trust. After a six-month trial, Hifo found that Linsey breached her fiduciary duty and mismanaged the trust-run Kamehameha Schools.

"The decion is not surprising," said Lindsey's lawyer Michael Green. "We were hoping they would respond to the merits that were raised in the appeal."

Lindsey along with fellow trustees Oswald Stender, Gerard Jervis, Henry Peters and Richard "Dickie" Wong permanently resigned in December 1999 after the IRS threatened to revoke the trust's tax-exempt status.

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