Khorshidi v. Javaheri CA2/4

CourtCalifornia Court of Appeal
DecidedJanuary 24, 2025
DocketB326824
StatusUnpublished

This text of Khorshidi v. Javaheri CA2/4 (Khorshidi v. Javaheri CA2/4) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Khorshidi v. Javaheri CA2/4, (Cal. Ct. App. 2025).

Opinion

Filed 1/24/25 Khorshidi v. Javaheri CA2/4 NOT TO BE PUBLISHED IN THE OFFICIAL REPORTS

California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

SECOND APPELLATE DISTRICT

DIVISION FOUR

MICHAEL KHORSHIDI et al., B326824 consolidated with B329257 Plaintiffs and Appellants, (Los Angeles County v. Super. Ct. Nos. BC567865, BC408948)

ALEXANDER JAVAHERI et al.,

Defendants and Respondents.

APPEAL from a judgment of the Superior Court of Los Angeles County, Mitchell L. Beckloff, Judge. Affirmed. Early Sullivan Wright Gizer & McRae, Scott E. Gizer, Padideh Zargari and Zachary C. Hansen for Plaintiffs and Appellants. Reuben Raucher & Blum, Stephen L. Raucher, Yunfei Ni for Defendants and Respondents. INTRODUCTION

In 1987, appellants Michael Khorshidi1 and Nejatolah Rabbanian (collectively, K&R) began a joint venture with respondents Alexander Javaheri and David Javaheri, and a fifth partner, non-party Paul Abdi. Following litigation and an arbitration between K&R and the Javaheris, in 2008 an arbitrator found in favor of the Javaheris. The 2008 arbitration award instructed the Javaheris to recoup their damages by adjusting ongoing partnership distributions the joint venture owed to K&R. In 2014 K&R filed a lawsuit alleging that beginning in 2010 the Javaheris owed them full (not adjusted) partnership distributions. The Javaheris asserted that the continued adjusted distributions were justified under the 2008 arbitration award. After a bench trial, the court found that based on the 2008 arbitration award, K&R owed the Javaheris the lump sum of $276,100 each in December 2009, the Javaheris were entitled to recoup that amount through adjusted distributions from 2010 to 2015, but that the Javaheris had taken too much. The court therefore entered a judgment requiring the Javaheris to repay K&R the excess amount they had collected. Most of the court’s findings were confirmed on appeal. However, the matter was remanded to address the Javaheris’ contention that because the court calculated their damages as a lump sum due in 2010, they were entitled to prejudgment interest on that amount.

1 Michael Khorshidi died on October 1, 2024. Appellant’s wife and successor in interest, Jaleh Khorshidi, has been substituted in as a party.

2 In the proceedings following remand, the trial court found that the Javaheris were entitled to prejudgment interest, and that after subtracting the adjusted partnership distributions between 2010 and 2015, K&R still jointly owed the Javaheris over $77,000. K&R appealed. The court then awarded the Javaheris attorney fees. K&R also appealed that order, and we consolidated the appeals. We affirm. The Javaheris were entitled to prejudgment interest under Civil Code section 3287, subdivision (a), because the damages were certain or capable of being made certain based on information known to all parties. We also reject K&R’s argument that they were entitled to an offset of damages based on case law addressing offsets arising from the same contract. Here, the Javaheris’ damages arose from the 2008 arbitration award, which was not the basis for K&R’s claims, so the claims were not based on the same contract. In addition, K&R were awarded no damages to offset. K&R’s challenge to the attorney fee award is contingent upon reversal of the judgment in favor of the Javaheris. Because we affirm the judgment, we also affirm the attorney fee award. FACTUAL AND PROCEDURAL BACKGROUND A. Previous litigation and 2008 arbitration award There has been extensive litigation among the parties as discussed in three prior nonpublished opinions, Javaheri v. Khorshidi, Nov. 13, 2006, B183177 (Khorshidi I), Khorshidi v. Javaheri, Aug. 5, 2021, B285132 (Khorshidi II), and Khorshidi v. Javaheri, May 15, 2024, B329246 (Khorshidi III). We limit this summary to the facts relevant to this appeal. In April 1987, the five parties—K&R, the Javaheris, and Abdi—entered into a joint venture agreement (the JV Agreement)

3 regarding a commercial property in downtown Los Angeles, 5th & LA. Under the JV Agreement, K&R each held a 30 percent interest in the joint venture, Abdi held a 20 percent interest, and the Javaheris each held a 10 percent interest. K&R were the managing partners of the joint venture; they were required to make regular distributions of net cash flow to the other partners according to each owner’s interest. In 1999, without the consent of the Javaheris, K&R refinanced the joint venture to take out a loan; they used the money to invest in a competing property. These actions led to litigation among the partners in 2002. After a 2005 trial, a jury found against K&R and awarded actual damages of $1,130,519.60, and punitive damages of $1.7 million against each of them. This court affirmed the judgment in Khorshidi I. In July 2005 the Javaheris sued K&R again in two lawsuits that were sent to arbitration. In a 2008 ruling, the arbitrator found in part that K&R’s use of joint venture funds to pay the 1999 loan between February 2005 and April 2008 “resulted in $2,418,423.74 less being available for partnership distributions during the time applicable to the arbitration proceeding.” The arbitration award ordered K&R, jointly and severally, to pay the Javaheris each 10 percent of that figure, $241,842.37, reflecting the Javaheris’ 10 percent ownership in the joint venture. The 2008 arbitration award also held that K&R used joint venture funds to pay their attorney fees and costs in the 2002-2005 litigation and the 2005-2008 litigation/arbitration, and ordered K&R to repay those amounts. (Khorshidi II, supra.) The arbitration award further ordered management of the joint venture to be shifted to the Javaheris. The award authorized the Javaheris “to adjust partnership distributions

4 commencing May 1, 2008, to recognize an additional distribution to themselves of an amount calculated as 10% each of the amount(s) paid by [the joint venture] during any given month to discharge the obligation of the existing encumbrance against 5th & LA,” i.e., the 1999 loan. We call these adjusted partnership payments the “10 percent redistributions.” The arbitration award was confirmed as a judgment in November 2008. The 1999 loan came due in December 2009 with an outstanding balance of $2,761,000. The Javaheris did not pay off the loan, but on February 28, 2010 entered into a “change in terms agreement” with the lender, Community Bank, which extended the loan term to March 2015.2 When the extended Community Bank loan came due in March 2015, the five partners paid the outstanding balance with personal funds. The Javaheris continued adjusting K&R’s partnership distributions through October 2015 based on the payoff amount. B. Litigation leading to this appeal 1. Allegations and statement of decision In 2014 K&R sued the Javaheris, alleging in part that the Javaheris were not entitled to the 10 percent redistributions they withheld after the initial term of the 1999 loan ended in December 2009.3 In their amended complaint filed in May 2015, K&R alleged that when the Community Bank loan came due in December 2009, the Javaheris could have paid off the loan or

2 Based on these dates, the end of the 1999 loan is variously characterized in the record as occurring in December 2009, February 2010, and March 2010. The date discrepancy is not relevant to our analysis, as the parties stipulated to the final balance of the loan. 3 In Khorshidi II, we referred to this lawsuit as “the loan action.”

5 refinanced it on more favorable terms with another bank.

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