Security Pacific National Bank v. Derderian

872 F.2d 281 SECURITY PACIFIC NATIONAL BANK, a National Banking Association, and American International Group, a Delaware Corporation, Plaintiffs-Appellees, v. Robert DERDERIAN, aka Bob Derian, aka Bedros A. Derderian, et al., Defendants-Appellants, and Miraslav Jocovic, et al., Defendants. No. 87-6025. United States Court of Appeals, Ninth Circuit. Argued and Submitted Jan. 11, 1989. Decided March 21, 1989. Irvine P. Dungan, Gregg A. Stanford, Irvine P. Dungan, Inc., Sacramento, Cal., for defendants-appellants. Robert Louis Fisher, Barton, Klugman & Oetting, Los Angeles, Cal., for plaintiffs-appellees. Appeal from the United States District Court for the Central District of California. Before ALARCON, BRUNETTI and THOMPSON, Circuit Judges. ALARCON, Circuit Judge: 1 Security Pacific National Bank and American International Group (Security Pacific) filed this action against Robert Derderian and others in Los Angeles Superior Court to recover for the illegal conversion and forgery of an $852,000 check. Security Pacific alleged that one of the defendants, Banco BCH Sociedad Nacional (Banco BCH), accepted for deposit in its Tijuana branch gold coins which derived from proceeds of…