Kona Enterprises, Inc., Individually and Derivatively on Behalf of Hanford's, Inc. and Nationwide Industries, Inc.; Balanced Value Fund, Tach One, on Behalf of Montrose Nationwide Limited Partnership; Wayne M. Rogers; and Jack M. Ertino, Plaintiffs-appellants, v. Estate of Bernice Pauahi Bishop, by and Through Its Trustees, Henry Peters, Myron B. Thompson, District of Hawai'i Oswald K. Stender, Richard S.h. Wong, and Lokelani Lindsey; Matsuo Takabuki; William S. Richardson; Myron B. Thompson; Henry H. Peters; Hanford's, Inc.; Nationwide Enterprises, Inc.; Montrose Nationwide Limited Partnership; Snap Products, Inc.; Hanford's Creation, Inc.; and John Does 1-10, Defendants-appellees