SOUTH SEAS TRADING CO., Ltd., Plaintiff
SUAMALIE CONSTRUCTION CO., Ltd., Defendant
High Court of American Samoa
CA No. 121-87
November 4, 1987
Liquidated debts, or those whose amounts have been determined or may be ascertained by calculation according to established market values, are generally proper subjects of setoff.
Plaintiff's motion for summary judgment would be denied where, on the construction of the facts most favorable to defendant, the defendant had a claim against the plaintiff which was a proper subject of setoff and which was at least as great as the amount of plaintiff's claim against defendant.
Before REES, Chief Justice. [6ASR2d81]
Counsel: For Plaintiff, John Ward
For Defendant, Aviata Fa'alevao
On motion for summary judgment:
Plaintiff moves for summary judgment on its claim that defendant owes it the purchase price of about thirty hot water heaters. Construing the facts most favorably for defendant, plaintiff owes defendant the purchase price of forty hot water heaters. Liquidated debts, or those whose amounts have been determined or may be ascertained by calculation according to established market values, are generally proper subjects of setoff. See 20 Am, Jur. 2d, Counterclaim, Recoupment & Setoff; R.L. Pohlman Co. v. Keystone Consolidated Industries, 399 F. Supp. 330 (E.D.Mo. 1975).
The motion for summary judgment is therefore denied.