Masloub
Masloub v. Masloub CA4/1
Opinion
Opinion
I. FACTUAL AND PROCEDURAL BACKGROUND
Marwan and Maher Masloub are brothers2 who agreed to purchase foreclosed properties and flip them. Under the authority of a power of attorney, Maher withdrew $484,990 from Marwan’s account between March 2012 and August 2014―money Maher’s business, MJ Ventures, ostensibly utilized to purchase properties. In April 2015, Marwan sought the return of his money under the terms the brothers had previously agreed upon, which Maher declined to do. Following Maher’s failure to return the money, Marwan filed suit for breach of contract in 2017, naming Maher in his individual capacity and Maher doing business as MJ Ventures. During the mandatory settlement conference in 2019, the brothers came to a settlement agreement. Despite that binding oral agreement, Maher did not sign the settlement agreement. Marwan filed a motion to enforce the settlement pursuant to section 664.6; he served a copy of the motion on Jay Salman, Maher’s business associate, via his retained counsel. Salman was previously named but then dismissed from the Masloub suit and pursued other legal matters with Maher. Salman’s counsel sought “a full release” for Salman from the Masloub…