Martifer-Silverado Fund I, LLC v. Zhongli Science and Technology Group Co., Ltd
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 5 MARTIFER-SILVERADO FUND I, LLC, CASE NO. 19-cv-04243-YGR
Plaintiff,
ORDER GRANTING MOTION TO DISMISS
vs. WITH LEAVE TO AMEND
ZHONGLI SCIENCE AND TECHNOLOGY Re: Dkt. No.
GROUP CO., LTD., ET AL.,
10 Defendants. 11 Plaintiff Martifer-Silverado Fund I, LLC brings this action against defendants Zhongli Science and Technology Group Co., Ltd. (“Zhongli”) and Suzhou Talesun Solar Technology Co., Ltd. (“Suzhou”) arising out of an alleged conspiracy orchestrated by Chinese-based parent companies to use their U.S. subsidiary to commit fraud.1 Now before the Court is defendants’ motion to dismiss. Having carefully considered the pleadings and papers submitted, and for the reasons set forth below, the Court GRANTS defendants’ motion to dismiss WITH LEAVE TO AMEND.2 I. BACKGROUND The complaint alleges as follows: Plaintiff is a limited liability corporation engaged in the development of a pipeline of utility-scale solar projects. Zhongli is…