2025.07.01 Opposition to Plaintiff's Recognize of Petition to Confirm Arbitration Award
Mahender Makhijani (“Makhijani”); Continuum Analytics, Inc.; MOM AS Investor Team LLC; MOM BS Trader Team LLC; MOM CA Trader Team LLC; MOM AS Supervisor LLC; Mother BS Manager LLC; and MOM CA Supervisor LLC (the “Mother Functions”) post this Opposition to Mohammad Honarkar (“Honarkar”) and his running entity, 4G Wi-fi, Inc.’s (the “Honarkar Events”) Petition to substantiate Arbitration Award (“Petition to Confirm”). I. INTRODUCTION This dispute arises from a financial rescue that saved a sinking company—only to generally be repaid with negative religion endeavours to unwind the extremely deal that retained the undertaking afloat. In 2021, Honarkar confronted monetary destroy. Deeply in personal debt and under fast menace of more info foreclosure, he was struggling to attain $145 million required to avoid the collapse of his housing portfolio. Honarkar turned to Makhijani and also other traders, proposing a joint venture through which he would lead his assets in exchange for his or her guidance to refinance his defaulted loans. The investors did just that—completin