Global Industrial Investment Limited v. 1955 Capital Fund I GP LLC

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 GLOBAL INDUSTRIAL INVESTMENT Case No. 21-cv-08924-HSG LIMITED, et al., ORDER GRANTING PETITION TO Plaintiffs, CONFIRM FINAL ARBITRATION AWARD AND DENYING MOTION TO v. VACATE 10 1955 CAPITAL FUND I GP LLC, et al., Re: Dkt. Nos. 1, 35 11 Defendants. 12 Pending before the Court is the petition to confirm arbitration award, filed by Petitioners Global Industrial Investment Limited and China Fortune Land Development, and the cross- petition to vacate the arbitration award, filed by Respondents 1955 Capital Fund I GP LLC and 1955 Capital China Fund GP LLC. See Dkt. Nos. 1, 35. The Court finds these matters appropriate for disposition without oral argument and the matters are deemed submitted. See Civil L.R. 7-1(b). For the reasons discussed below, the Court GRANTS the motion to confirm the arbitration award and DENIES the motion to vacate the award. I. BACKGROUND This case involves a lengthy and…