Jogani

INTRODUCTION

Shailesh Jogani appeals from the judgment entered in favor of his brother Haresh Jogani and the entities1 he formed to amass a billion-dollar California real estate portfolio. Shailesh alleged Haresh and their two younger brothers entered an oral partnership agreement in 1995 to pool their funds from their various businesses to enable Haresh to purchase a portfolio of properties for their collective benefit.2 In 2003, their older brother Shashikant (Shashi) sued them claiming a 50 percent partnership interest in the real estate portfolio that he had helped create for the brothers’ partnership (Shashi action). The brothers allegedly had purchased Shashi’s underwater properties to help him. Allegedly at Haresh’s direction, Shailesh and his brothers filed declarations in the Shashi action denying the existence of any partnership with Shashi or Haresh. Haresh nevertheless allegedly told them he would distribute the proceeds from the partnership’s real estate portfolio after the Shashi action resolved. The Shashi action continued, and Shailesh finally sued Haresh and his companies in November 2014. He claimed he was owed $250,000,000.

Shailesh also sued J.K.…