Crescent Point Energy Corp. v. Tachyus Corporation

Good Law
United States District Court, Northern District of CaliforniaApril 13, 20213:20-cv-06850California1,381 words

Opinion

Trial Court Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 8 CRESCENT POINT ENERGY CORP., Case No. 20-cv-06850-MMC

Plaintiff, ORDER GRANTING DEFENDANT'S

MOTION TO DISMISS; DISMISSING

v. COMPLAINT WITH LEAVE TO

AMEND; CONTINUING CASE

TACHYUS CORPORATION, MANAGEMENT CONFERENCE Defendant.

15 Before the Court is defendant Tachyus Corporation's ("Tachyus") Motion to Dismiss, filed November 20, 2020. Plaintiff Crescent Point Energy Corp. ("Crescent Point") has filed opposition, to which Tachyus has replied. Having read and considered the papers filed in support of and in opposition to the motion, the Court hereby rules as follows:1 1. The First Cause of Action, by which Crescent Point alleges it was fraudulently induced to enter into an agreement with Tachyus, is subject to dismissal. As Tachyus points out, Crescent Point fails to allege facts to support a finding that the statements on which it relies (see Compl. ¶¶ 46-47) were false when…

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