A
long-standing real estate dispute between Ben Ashkenazy and the Gindi family has been settled out of court. The feud began nearly four years ago when Ashkenazy claimed the Gindis - Raymond and his cousins Eddie and Isaac - failed to pay their share of capital calls on several retail properties, leaving him cash-strapped. He also accused them of defamation within the Syrian Jewish community. The Gindis countered that Ashkenazy owed them money.
Tensions escalated when text messages between Ashkenazy and Raymond Gindi surfaced, including one in which Ashkenazy threatened to "crush" Gindi for damages. Despite efforts by Charlie Kushner to mediate a resolution, the feud continued. Ashkenazy filed another lawsuit alleging the Gindis owed him $10 million on a loan.
However, with new counsel from Darren and Terrence Oved, who are also members of the Syrian Jewish community, the two sides began working towards a settlement. A joint statement was released announcing that the parties had reached an amicable resolution, thanking their lawyers for their efforts in securing the agreement.
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