Khorshidi

INTRODUCTION

Appellants Alexander Javaheri, David Javaheri, and Parviz Abdi (collectively, J&A) were in a joint venture with respondents Michael Khorshidi and Nejatolah Rabbanian (K&R). K&R defaulted under the terms of the joint venture agreement. J&A sued for specific performance of the provision in the joint venture agreement that allowed non-defaulting venturers to buy out the interests of defaulting venturers. In 2012, the trial court found in J&A’s favor, and in 2013 the joint venture was appraised to determine the value of the buyout. Litigation on the parties’ remaining claims dragged on, however, and a final judgment was not entered until 2017. When J&A asked the trial court to include the 2013 valuation in the 2017 statement of decision and judgment on J&A’s specific performance claims, the trial court declined, stating that the buyout provision of the joint venture agreement was “self-executing” and “[c]ourt supervision of the buyout process is not required.” After this division affirmed the judgment in 2021, K&R refused to sell their interests in the joint venture. J&A filed a motion seeking an elisor to effect compliance with the judgment for specific performance. The…