California, United States of America
The following excerpt is from Bank of America v. Sanati, 11 Cal.App.4th 1079, 14 Cal.Rptr.2d 615 (Cal. App. 1992):
For example, in Banque Worms v. Bank America International (S.D.N.Y.1989) 726 F.Supp. 940, affirmed (2d Cir.1991) 928 F.2d 538, the case upon which defendants primarily rely, the debt was a bank loan. In that case the originator had an outstanding
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