Corbrus, LLC v. 8th Bridge Capital, Inc.

I. INTRODUCTION

The Court previously set out the factual and procedural background of this case in its April 20, 2020 order, dkt. (“MTD Order’), its May 4, 2020 order, dkt. 53 (“Arbitration Order’), and its July 27, 2020 order. Dkt. 70 (‘MTD SAC Order”). For that reason, the Court only sets forth those facts necessary to resolve third party defendants Moises Choi (“Choi”) and Southeast Regional Center, LLC’s (“SRC”) (collectively, the “Choi parties”) motion to dismiss the first amended third party complaint and motion for Rule 11 sanctions. Plaintiff Corbrus, LLC (“Corbrus”) filed this action against defendants Young Hun Kim (“Kim”), 8th Bridge Capital, Inc., and 8th Bridge Capital, LLC (collectively, the “Kim parties”) and a number of other defendants on November 30, 2019. Dkt. 1. On July 30, 2020, the Court consolidated this action for trial with the Choi parties’ first-filed action (the “Choi action”). Dkt. 71; see also Case No. 2:17-cv-08958 (“Choi dkt.”), dkt. 199. Corbrus filed a first amended complaint in this action on December 12, 2019. Dkt. 7. The Kim parties answered on February 24, 2020, dkts. 36-38, and filed a third party complaint…