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Case Name Quadri v. Alkayali
Date 03/09/2011
Note The forgery of an employer's stock certificates to defraud a workers' compensation carrier played a role in a breach of contract suit about who actually owned a business, according to a decision from the 4th District Court of Appeal.
Citation G042758
WCC Citation WCC 37252011 CA
QUADRI v. ALKAYALI AKRAM QUADRI et al. , Plaintiffs, Cross-defendants and Respondents, v. AHMAD ALKAYALI et al. , Defendants, Cross-complainants and Appellants. The court entered judgment in favor of plaintiffs and cross-defendants Akram Quadri and Fatma Boukhari, who are married to each other (individual plaintiffs), and NeoCell Corporation against defendants and cross-complainants Ahmad Alkayali (Alkayali) and Terri Alkayali, finding the individual plaintiffs owned all the shares in NeoCell and defendants owned none. In the breach of contract count defendants pleaded that pursuant to the 2002 amendment 66 percent of the shares were transferred to Alkayali and plaintiffs breached that agreement by claiming Alkayali owned no shares. Alkayali was "intelligent and sophisticated" whereas Quadri who was 81 was less sophisticated and completely trusted Alkayali, so much so that he would sign anything Alkayali requested. But they fail to include evidence on which the court relied that Quadri would "sign any paper put in front of him [by Alkayali]" because he had "placed all of his faith and confidence in [him] .

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