Following a November 2024 Status Conference, what’s left of Qyral has been ordered dissolved.

As per a January 7th, 2025 court order;

The Parties and the Receiver agreed to termination of the receiver’s duties with the exception of the attempted collection of funds by the Receiver from two Qyral service providers and filing his final accounting motion , dissolution of Qyral, dissolution of existing temporary restraining orders, and continuance of the existing motion for contempt filed by Sigari against Banasik.

Proof of Qyral’s California LLC being dissolved is required to be filed by January 31st. The Qyral Receivership will wind up by March 1st.

The previously granted Qyral TRO and preliminary injunctions are dissolved the date the order was filed.

The Parties’ existing motions for preliminary injunctions preceding entry of the Superseding TRO1 are hereby taken off calendar, as they are moot.

Neither of the Parties shall be entitled to any injunctive relief premised upon existing motions therefor.

The last remaining legal issue to resolve is Hanieh Sigari’s contempt proceedings against Darius Banasik.

At the November 22, 2024 status conference, Sigari and Qyral agreed to continue the trial on that application, pending the Parties’ settlement discussions and/or mediation in an ancillary marital dissolution case pending between Sigari and Banasik in the Superior Court of California, County of Santa Clara.

I’d not expect the contempt matter to go to trial. I’ll leave an update below on any further updates.