Shanghai Tyron Semiconductor Equipment Co., Ltd. v. Capital Asset Exchange and Trading, LLC
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 7 SHANGHAI TYRON SEMICONDUCTOR Case No. 5:24-cv-08551-EJD
EQUIPMENT CO., LTD.,
ORDER DENYING EX PARTE Plaintiff, MOTION FOR TEMPORARY RESTRAINING ORDER v. 11 CAPITAL ASSET EXCHANGE AND Re: Dkt. No. 11 TRADING, LLC, Defendant. 13 Before the Court is an ex parte motion for a temporary restraining order (“TRO”) filed by Petitioner Shanghai Tyron Semiconductor Equipment Co., LTD (“Tyron”) against Respondent Capital Asset Exchange and Trading, LLC (“CAET”). Mot., ECF No. 11. For the reasons stated below, Tyron’s motion is DENIED. I. BACKGROUND Tyron, a Chinese semiconductor company, seeks to enforce an emergency arbitral award issued in China that bars CAET, a commodity trading firm, from dissipating its assets while the two companies arbitrate a $5.4 million dispute over a breach of contract in China. Pet., ECF No. 6. In the underlying dispute, Tyron…