Loughborough Surface Analysis LTD v. Capital Asset Exchange and Trading, LLC
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 LOUGHBOROUGH SURFACE Case No. 21-cv-01115-BLF
ANALYSIS LTD,
8 Plaintiff, ORDER GRANTING DEFENDANT'S MOTION FOR PARTIAL SUMMARY v. JUDGMENT
CAPITAL ASSET EXCHANGE AND
TRADING, LLC,
Defendant.
13 Before the Court is Defendant Capital Asset Exchange and Trading, LLC’s Motion for Partial Summary Judgment. See ECF No. 38 (“MSJ” or “Motion”); see also ECF No. 41 (“Reply”). CAET seeks summary judgment on two of three claims in Plaintiff Loughborough Surface Analysis Limited’s First Amended Complaint (ECF No. 30 (“FAC”)), arguing that LSA cannot prove fraud or negligent misrepresentation by CAET. LSA opposes summary judgment on both claims. See ECF No. 39 (“Opp.”). The Court held a hearing on this Motion on November 3, 2022. For the reasons stated on the record and explained below, the Court GRANTS the Motion. I. BACKGROUND Beginning in August…