Su

Kun Yuan Asset Management Company Ltd. v. Su

Good Law
United States District Court, Northern District of CaliforniaJanuary 24, 20225:21-cv-06236California1,068 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 KUN YUAN ASSET MANAGEMENT Case No. 21-cv-06236-BLF

COMPANY LTD.,

8 Plaintiff, ORDER TERMINATING PLAINTIFF’S ADMINISTRATIVE MOTION v. WITHOUT PREJUDICE TO FILING NOTICE OF DISMISSAL

QIANG SU,

[Re: ECF No. 22] Defendant. 12 This is an action for fraud, breach of fiduciary duty, and breach of contract filed by Chinese company Kun Yuan Asset Management Company Ltd. (“Kun Yuan”) related to conduct of its former Managing Director of U.S. operations, Defendant Qiang Su. See Complaint, ECF No. 1. Defendant allegedly improperly withdrew funds from and failed to transfer control over Kun Yuan’s U.S. accounts following his termination by Kun Yuan. See id. Before the Court is Kun Yuan’s Administrative Motion for Voluntary Dismissal Without Prejudice under Federal Rule of Civil Procedure 41(a)(2), which it filed after…

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