California Overseas Bank v. French American Banking Corp.

Opinion

SPENCER, P. J.

Introduction

Plaintiff California Overseas Bank appeals from the trial court’s grant of defendant French American Banking Corporation’s motion to quash service of process for lack of personal jurisdiction.1

Statement of Facts

The underlying litigation stems from the “back-to-back” issuance of two letters of credit allegedly issued, in conjunction with the sale and purchase of an air pollution control system, by Norco Process Corporation (Norco), a California corporation, to KSTAR International, another California corporation, in 1979. The parties arranged with Balfour…