Chung

Global Industrial Investment Limited v. Chung

Good Law
United States District Court, Northern District of CaliforniaSeptember 7, 20205:19-cv-07670California4,884 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN JOSE DIVISION

GLOBAL INDUSTRIAL INVESTMENT Case No. 19-CV-07670-LHK

LIMITED,

Plaintiff, ORDER GRANTING MOTION TO

DISMISS FIRST AMENDED

v. COMPLAINT WITH PREJUDICE Re: Dkt. Nos. 32, 33, 46,

ANDREW CHUNG,

16 Defendant. 17 Plaintiff Global Industrial Investment Limited sues Defendant Andrew Chung (“Chung”) and Does 1–10 for breaches of fiduciary duties. Before the Court is Chung’s motion to dismiss Plaintiff’s First Amended Complaint (“FAC”). Having considered the submissions of the parties, the relevant law, and the record in this case, the Court GRANTS Chung’s motion to dismiss with prejudice. I. BACKGROUND A. Factual Background Plaintiff Global Industrial Investment Limited is a limited partner in two Delaware venture capital funds: 1955 Capital China Fund and 1955 Capital Fund I (the “Funds”). FAC ¶¶ 5–6, 15. The general partners (“GPs”) of the Funds are China Fund GP and…

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