Candid Ventures, LLC v. Dew Ventures, Inc.

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 CANDID VENTURES, LLC, Case No. 24-cv-07800-HSG

Plaintiff, ORDER DENYING REQUEST TO

TRANSFER ASSETS TO NESTLINGS

v. Re: Dkt. No. 38 DEW VENTURES, INC., et al., Defendants.

12 On November 27, 2024, the Court issued a temporary restraining order (“the TRO”) enjoining Defendant Dew Ventures, Inc. from “transferring, selling, or otherwise ceding control and/or possession of any of the assets Dew Ventures received from Nestlings to any third party.” Dkt. No. 31 at 7. Per the parties’ stipulation, the Court set a hearing on Plaintiff’s motion for preliminary injunction for January 30, 2025. Dkt. No. 36. Plaintiff filed its motion for preliminary injunction on December 31, 2024. Dkt. No. 39. That same day, Dew Ventures and Specially Appearing Defendant Feathers Up India PVT 19 LTD (“Defendants”) filed a “motion for clarification” seeking confirmation that transferring the 20 assets at issue back to Nestlings would not violate the TRO. Dkt. No. 38. …