A lawsuit is the latest salvo in a yearslong legal battle over future of the Big Island mountain.
Colin Kippen will lead OHA after Sylvia Hussey steps down June 30.
The concept highlights the subjugation of Native Hawaiians, of which the Hakuone dispute is just the most recent of numerous examples over the decades.
The deal would also greatly increase Public Land Trust payments.
Critics of the development worried about environmental effects, among other concerns.
The agency says it is a matter of Hawaiian rights. Opponents say the land must be protected.
A pair of bills would change the way OHA trustees are elected, but there are concerns they would violate constitutional rights.