Trikona Advisers Ltd. v. Chugh
Court of Appeals for the Second Circuit
1Opinion of the Court
JOHN M. WALKER, Jr., Circuit Judge:
Plaintiff Trikona Advisers, Ltd. (“TAL”) appeals from a decision of the district court for the District of Connecticut (Stefan R. Underhill, /.) granting summary judgment in favor of defendants Rakshitt Chugh, ARC Capital LLC, and other related corporate entities (the “Chugh Defendants”). TAL’s complaint alleged breaches of fiduciary duty by Chugh, a former partner and fifty-percent owner of TAL, and the other defendants. The district court held that TAL’s claims had previously been determined in Chugh’s favor in a proceeding in the Cayman Islands, and that…
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