HONOLULU (HawaiiNewsNow) - The lender who foreclosed on the former Maui Prince was high-bidder in a court-ordered auction, bidding less than a third of the hundreds of millions it has lent or spent on the property. The Makena Resort has remained open, and the Ilwu indicated it is happy with this outcome. Court ratification of the sale is expected this summer but the judge does have the right to reopen bidding if circumstance change and he thinks creditors could get more money.
Transition at Sea Life Park. Jesus Bravo has resigned as general manager to return of his native Mexico. Bravo came aboard during the park's ownership by a Mexican company and stayed years into its ownership by Europeans. A new general manager has just started. He's Jerry Pupillo, for years the president of Hawaiian Waters.
Congratulations to Lorrin Sardinha. Effective today, he's vice president of maintenance and engineering for Hawaiian Airlines. He's been acting since November. He started with Hawaii as a mechanic, twenty-four years ago.
Governor Lingle has signed House Bill 2450. It allows leases and easements for renewable energy projects without formal subdivision approval.
A pretty big charitable gift...The First Hawaiian Bank Foundation is giving $10,000 to the Hawaii Chapter of the American Red Cross.
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