oral credit agreement" between Louisiana Steelworks and the Bank was created by the actions of the parties. Although they alleged a written commitment letter existed, plaintiffs admitted it was not signed.
In 1995, the Bank president with whom plaintiffs did business resigned from the Bank. His successor informed plaintiffs in May of 1995 that the Bank was not going to make the operating loan, and they were told the Bank never intended to make the loan.
*1245 In this lawsuit filed in 1998, plaintiffs are seeking to recover damages based on the Bank's failure to loan them operating capital. In their petition, plaintiffs attempted to set forth four causes of action under the legal theories of contractual fraud, delictual fraud, negligent misrepresentation and detrimental reliance. All four causes of actionBosch’s name is quite familiar to those in the security industry, his previous experience has been in daily newspaper journalism. Prior to joining SECURITY SALES & INTEGRATION in 2006, he spent 15 years with the Los Angeles Times, where he performed a wide assortment of editorial responsibilities, including feature and metro department assignments as well as content producing for latimes.com. Bosch is a graduate of California State University, Fresno with a degree in Mass Communication & Journalism. In 2007, he successfully completed the National Burglar and Fire Alarm Association’s National Training School coursework to become a Certified Level I Alarm Technician.Contact Rodney Bosch: rbosch@ehpub.com