Baghdassarians

facts reveal that it is much more personal. Specifically, both properties had previously been owned by Baghdassarians – the residential property held his home and the vacant lot behind it was largely unused. The dispute arose when SK Vision demanded, and ultimately foreclosed on, a deed of trust on Baghdassarians’s “personal residence located at 4343 Vista Place,” unaware that Baghdassarians’s address actually encompassed both parcels. 1. SK Vision Obtains the Residential Property Greg Kurdoglanyan is the owner and managing member of SK Vision. Kurdoglanyan and Baghdassarians (and their companies) had been involved in a number of real estate projects.1 The business relationship soured, and SK Vision

We refer to Baghdassarians and all his related entities collectively as Baghdassarians. We refer to Kurdoglanyan and SK Vision collectively as SK Vision (except when necessary to refer to Kurdoglanyan as an individual).

2 brought suit against Baghdassarians for the loss of its investments. On August 26, 2010, they settled their dispute for $2.6 million, pursuant to a written agreement. Under the agreement, Baghdassarians agreed to transfer certain unrelated properties to…