FACTUAL AND PROCEDURAL BACKGROUND - California …

The complaint alleged Mahdavi induced AIG to invest in the joint venture, ALI breached the terms of the July 2013 joint venture agreement between AIG and ALI and Avalon’s October 2013 operating agreement, and Mahdavi used his position as de facto manager of Avalon to transfer Avalon’s assets to himself, ALI, ALIWD, and others. ................
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