GMC Semitech Co., Ltd. v. Capital Asset Exchange and Trading, LLC

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA

10 GMC SEMITECH CO., LTD., et al., Case No. 24-cv-09451-NC 11 Plaintiffs, ORDER FOR PLAINTIFFS TO SHOW CAUSE ESTABLISHING v. DIVERSITY JURISDICTION 13 CAPITAL ASSET EXCHANGE AND Re: Dkt. No. 1 TRADING, LLC, Defendant. 16 Plaintiffs GMC Semitech Co., Ltd., and Suzhou Cycas Microelectronics Co., Ltd., allege contract claims against Defendant Capital Asset Exchange and Trading, LLC. ECF 1. Pending before the Court is Defendant’s motion to dismiss certain claims alleged in Plaintiffs’ complaint. ECF 9, 14, 15. Because federal courts are courts of limited jurisdiction, a plaintiff must adequately allege that a court has subject matter jurisdiction to hear their case. Kokkonen v. Guardian Life Ins. Co. of Am., 511 U.S. 375, 377 (1994). To do so, a complaint must meet the requirements for either (1) federal question jurisdiction or (2) diversity jurisdiction. 28 U.S.C. §§ 1331, 1332. Diversity…