[Download] "Black Diamond Asphalt, Inc. v. San Joaquin County Superior Court" by California Court of Appeals * Book PDF Kindle ePub Free

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eBook details

• Title: Black Diamond Asphalt, Inc. v. San Joaquin County Superior Court
• Author : California Court of Appeals
• Release Date : January 10, 2003
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 83 KB

Description

Plaintiffs Mir Kazem Kashani, Manoutcher G. Nikfarjam, and Shantia Hassanshahi (collectively plaintiffs) allege in their second amended complaint that they and defendant Tsann Kuen China Enterprise Co., Ltd., a Chinese corporation that is the parent corporation or owner of the other named defendants (collectively defendants), executed a written agreement whereby plaintiffs would establish an Iranian corporation in Iran to build a plant in Iran for manufacturing defendants computer products to be sold in Iran and elsewhere and would provide defendants with 18 percent of the shares of the corporation. Plaintiffs further allege that in reliance on this agreement they expended monies on the project, began setting up the plant, and obtained necessary cooperation from the Government of Iran. According to plaintiffs, defendants ceased doing business in the computer industry, in whole or in part, and decided not to proceed with the agreement. Plaintiffs filed an action for breach of contract seeking their expenditures and anticipated lost profits as damages for breach of the agreement. On appeal, plaintiffs waived their right to seek recovery for their out-of-pocket expenses.

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