A summary of Southern California-related business litigation developments during the past week.

Beverly Hills Bank Challenges Shutdown: First Pacific Bank of Beverly Hills, shut down by the state Banking Department on Aug. 10, filed suit seeking to reverse the action and collect damages of more than $10 million. The Superior Court suit maintained that state Superintendent of Banks James Gilleran acted “arbitrarily, capriciously and recklessly” in deciding that $10 million in the bank’s assets were substandard--and in closing the bank and transferring assets to Commercial Center Bank. The suit said the bank received no opportunity to formally challenge the order or to raise the money necessary to stay open. A hearing was scheduled Nov. 2. (Filed Aug. 20, 1990. Case No. BC008559.)