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MICHIGAN NAT. BANK v. HARDMAN AEROSPACE

Docket No. 41472.

36 Cal.App.3d 196 (1973)

111 Cal. Rptr. 514

MICHIGAN NATIONAL BANK, Plaintiff and Respondent, v. HARDMAN AEROSPACE, Defendant and Appellant.

Court of Appeals of California, Second District, Division Two.

December 21, 1973.

Attorney(s) appearing for the Case

COUNSEL

Gibson, Dunn & Crutcher, John L. Endicott, Breed, Abbott & Morgan, Edward J. Ross and James D. Zirin for Defendant and Appellant.

Irsfeld, Irsfeld & Younger, John H. Brink, James J. Waldorf, Rosenman, Colin, Kaye, Petschek, Freund & Emil, Max Freund, Robert W. Gottlieb and James K. Nevling, Jr., for Plaintiff and Respondent.

OPINION

ROTH, P.J.

Appellant, Hardman Aerospace, a California corporation (Hardman), appeals from a judgment awarding respondent, Michigan National Bank, a National Banking Association (Bank), a judgment of $3.2 million.

This lawsuit is grounded on a contract dated October 30, 1969, amended severally on December 4 and December 15, 1969, and executed on December 15, 1969 (Sale Contract), whereby Dayco Corporation, a Delaware...

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