i haven't reproduced it, but i set my home station to Deneb O-3, took the BS mission, and then jumped to B-12, got killed, and respawned in Latos (at my previous home station).

here is the nearby prtion of my errors.log
[Mon May 29 16:37:17 2006] You are entering Cantus K-2
[Mon May 29 16:37:51 2006] [100] <Syntra> /M\
[Mon May 29 16:37:56 2006] You are entering Cantus A-7
[Mon May 29 16:38:54 2006] You are entering Eo P-11
[Mon May 29 16:39:38 2006] You are entering Eo C-12
[Mon May 29 16:40:02 2006] You are entering Deneb O-3
[Mon May 29 16:40:42 2006] People in the room: M'at, no_one
[Mon May 29 16:40:43 2006] You are now in Ellias Stand (Itani Barracks).
[Mon May 29 16:41:14 2006] Worlock has entered the room.
[Mon May 29 16:41:21 2006] Proximity has entered the room.
[Mon May 29 16:41:26 2006] Proximity has left the room.
[Mon May 29 16:41:32 2006] Taso Kileranji has entered the room.
[Mon May 29 16:41:32 2006] Worlock has left the room.
[Mon May 29 16:41:43 2006] The insane Serco *Zetzen Demu got *Diem Detrasen
[Mon May 29 16:41:47 2006] Taso Kileranji has left the room.
[Mon May 29 16:41:50 2006] Home station set to Ellias Stand (Itani Barracks)
[Mon May 29 16:41:55 2006] The blood-thirsty Serco *Pak Tatras got *Pabmu Rastra
[Mon May 29 16:42:39 2006] You are entering Deneb E-10
[Mon May 29 16:42:40 2006] You've been caught in an ion storm. To proceed to your destination, you'll need to fly to the storm exit point, marked on your HUD.
[Mon May 29 16:43:32 2006] You are entering Deneb B-12
[Mon May 29 16:43:34 2006] The blood-thirsty Serco *Pak Tatras got *Krozorona Vitra
[Mon May 29 16:43:42 2006] *Dimem Vistras neutralized *Pak Tatras
[Mon May 29 16:44:46 2006] *UPK Slick destroyed M'at
[Mon May 29 16:44:49 2006] You are entering Latos N-15
[Mon May 29 16:44:53 2006] People in the room: M'at
[Mon May 29 16:44:53 2006] You are now in Remley Orbital (TPG Commercial).
[Mon May 29 16:44:59 2006] Items purchased.
[Mon May 29 16:44:59 2006] Total cost of purchase is 12071 credits
[Mon May 29 16:45:11 2006] *UPK Slalis nailed *UPK Slick
[Mon May 29 16:45:27 2006] *Morakts Vikas liquidated *Kammes Vikos
[Mon May 29 16:45:52 2006] *Morakts Vikas liquidated *Ruadik Ravos
[Mon May 29 16:45:54 2006] *Morakts Vikas stuck a fork in *Zetzen Demu
[Mon May 29 16:45:56 2006] *Morakts Vikas vaporized *Bozok Tavo
[Mon May 29 16:47:24 2006] *Labelzen Rotras stuck a fork in *Vach Rokosen
[Mon May 29 16:48:30 2006] Cover your fellow pilots, and defend our capital ships!

the same happened to me once yesterday: homed in GR, killed in Deneb, respawned in Sedina.