2025.07.01 Opposition to Plaintiff's Detect of Petition to verify Arbitration Award
Mahender Makhijani (“Makhijani”); Continuum Analytics, Inc.; Mother AS Trader Team LLC; Mother BS Investor Group LLC; Mother CA Trader Group LLC; MOM AS Supervisor LLC; Mother BS Manager LLC; and Mother CA Supervisor LLC (the “MOM Parties”) post this Opposition to Mohammad Honarkar (“Honarkar”) and his functioning entity, 4G Wi-fi, Inc.’s (the “Honarkar Events”) Petition to Confirm Arbitration Award (“Petition to substantiate”). I. INTRODUCTION This dispute occurs from a financial rescue that saved a sinking organization—only to get repaid with negative religion initiatives to unwind the really offer that retained the venture afloat. In 2021, Honarkar confronted fiscal damage. Deeply in personal debt and check here beneath instant danger of foreclosure, he was unable to attain $one hundred forty five million required to forestall the collapse of his real-estate portfolio. Honarkar turned to Makhijani and also other investors, proposing a joint venture in which he would lead his belongings in exchange for their aid to refinance his defaulted loans. The traders did just that—completin