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By Cherrie
Anne E. Villahermosa
Variety News Staff
A FOREIGN investor has sued
a CNMI firm for breach of contract, false representation and unjust enrichment.
Suwaso Corp. was sued by Jui Tung Wang for failing to perform its obligations
under their agreement.
The complaint filed on Superior Court stated that the plaintiff is a resident
of Taiwan while the defendant is a CNMI corporation.
According to the complaint, the plaintiff and the defendant on Feb, 5,
1997 entered into an investment agreement for a term of six years.
The term ended on Feb. 5, 2003.
The complaint stated that the defendant breached the agreement for failure
to perform its obligations under the agreement.
The complaint added that the breach, false representation and unjust
enrichment has caused and continue to cause harm, injury and damage
to the plaintiff.
Jui Tung Wang, who is represented by attorney Anthony Long, is seeking
for the return of $100,000, pre-judgment interest, damages, cost of suit
and attorneys fees and for such other relief as the court
deems just and proper on all three claims.
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