Following is a statement from West Point Investment Corporation, Hapuna Realty, LLC, Kevin J. Hayes, Sr., and Tomoko Matsumoto in the matter of Hayes, et al. v. Ohtani, et al, Case No. 1-CCV-25-0001330
KAILUA-KONA, Hawaii, March 9, 2026 /PRNewswire/ — After further discussions between the parties, we recognize there was a misunderstanding of what transpired during the development of this project, and we are therefore withdrawing our lawsuit. The misunderstanding was of a business nature that is not uncommon in complex real estate ventures, and all parties have reconciled. The parties are enthused to move forward in a positive and mutually beneficial manner. We are proud of our contributions to the development of this world class project and look forward to its completion.
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