Shakib v. Namvar CA2/7
Sam Shakib and Hooshang “Sean” Namvar were real estate development partners. Through various limited liability companies, they executed a contract to develop a residential project in Los Angeles. When the project went awry, two of the limited liability companies sued Shakib and a third limited liability company. Shakib filed a cross-complaint. Among other claims, Shakib alleged Namvar breached their oral agreement to personally and equally share certain project development costs that were not included in the written contract. Shakib asserted Namvar stopped contributing half of the costs after construction halted.
Shakib appeals the judgment entered against him following the trial court’s order granting Namvar’s motion for summary judgment or adjudication for Shakib’s cause of action for breach of oral contract. The trial court held Shakib’s breach of oral contract claim against Namvar was barred by the applicable two-year statute of limitations. We affirm.
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