Candid Ventures, LLC v. Dew Ventures, Inc.
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 CANDID VENTURES, LLC, Case No. 24-cv-07800-HSG
Plaintiff, ORDER GRANTING IN PART AND
DENYING IN PART PLAINTIFF’S
v. REQUEST FOR TEMPORARY
RESTRAINING ORDER
DEW VENTURES, INC., et al., Re: Dkt. No. 2 Defendants.
12 Pending before the Court is Plaintiff Candid Ventures, LLC’s (“Plaintiff”) application for a temporary restraining order. Dkt. No. 2. The Court held a hearing on the motion on November 26, 2024, and took the matter under submission. The Court GRANTS IN PART and DENIES IN PART the request. I. BACKGROUND Plaintiff alleges that Defendants Suresh Deopura, FeathersUp India Pvt. Ltd. (“FeathersUp”), and Dew Ventures, Inc. (“Dew Ventures”) (collectively, “Defendants”) engaged in the fraudulent transfer of assets held by non-party Nestlings, Inc. (“Nestlings”) in order to deprive Plaintiff of its equity interest in Nestlings. See Dkt. No. 1 (“Compl.”) at ¶¶ 1, 62. Specifically, Plaintiff alleges…