Westridge Lending REIT v. Abracadabra LLC - Stipulated Dismissal
Summary
The Hawaii Intermediate Court of Appeals approved a stipulation to dismiss an appeal in Westridge Lending REIT, LLC v. Abracadabra LLC et al., Case No. CAAP-25-0000504. The parties agreed to dismiss the appeal with prejudice, with each party bearing their own attorneys' fees and costs. The court issued this order on April 8, 2026.
What changed
The Hawaii Intermediate Court of Appeals issued an order approving the parties' stipulation to dismiss the appeal with prejudice in the commercial lending dispute between Westridge Lending REIT, LLC and Abracadabra LLC, Michael S. Baskin, and Paia Management Inc.\n\nAffected parties (lenders, borrowers, and their legal counsel) should note that this dismissal concludes the appellate proceedings with each side responsible for their own litigation costs. The stipulated dismissal with prejudice prevents refiling of the same claim on the same grounds, effectively ending the dispute at the appellate level without any court ruling on the merits.
What to do next
- No immediate action required - case concluded by stipulation
Archived snapshot
Apr 8, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
NOT FOR PUBLICATION IN WEST'S HAWAI I REPORTS AND PACIFIC REPORTER ʻ Electronically Filed Intermediate Court of Appeals CAAP-25-0000504 08-APR-2026 08:16 AM Dkt. 39 OAWST NO. CAAP-25-0000504 IN THE INTERMEDIATE COURT OF APPEALS OF THE STATE OF HAWAIʻI WESTRIDGE LENDING REIT, LLC, Plaintiff-Appellant,
ABRACADABRA LLC; MICHAEL S. BASKIN; and PAIA MANAGEMENT INC., Defendants-Appellants, and JOHN DOES 1-50; JANE DOES 1-50; DOE PARTNERSHIPS 1-50; DOE CORPORATIONS 1-50; DOE ENTITIES 1-50; and DOE GOVERNMENTAL UNITS 1-50, Defendants. APPEAL FROM THE CIRCUIT COURT OF THE SECOND CIRCUIT (CASE NO. 2CCV-24-0001056) ORDER APPROVING STIPULATION TO DISMISS APPEAL (By: Nakasone, Chief Judge, Wadsworth and Guidry, JJ.) Upon consideration of the Stipulation for Dismissal of Appeal (Stipulation), filed February 4, 2026, by Defendants- Appellants Abracadabra LLC, Michael S. Baskin and Paia Management Inc., the papers in support, and the record, it appears that (1) the appeal has been docketed; (2) under Hawaiʻi Rules of Appellate Procedure Rule 42(b), the parties stipulate to dismiss the appeal with prejudice and bear their own fees and
I REPORTS AND PACIFIC REPORTER NOT FOR PUBLICATION IN WEST'S HAWAIʻ costs; and (3) the Stipulation is signed by counsel for all appearing parties. Therefore, IT IS HEREBY ORDERED that the Stipulation is approved and the appeal is dismissed with prejudice. The parties shall bear their own attorneys' fees and costs. DATED: Honolulu, Hawaiʻi, April 8, 2026. /s/ Karen T. Nakasone Chief Judge /s/ Clyde J. Wadsworth Associate Judge /s/ Kimberly T. Guidry Associate Judge
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