Legal Opinion
ELMAGIN CAPITAL, LLC v. CHEN
District Court, E.D. Pennsylvania
Decided August 17, 2021No. 2:20-cv-02576Unknown
1Opinion
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA ELMAGIN CAPITAL, LLC : CIVIL ACTION : v. : : CHAO CHEN, KARL PETTY, ENTERGRID : LLC and ENTERGRID FUND I LLC : NO. 20-2576 MEMORANDUM OPINION Savage, J. August 17, 2021 In this action for misappropriation of trade secrets and breach of contract, plaintiff Elmagin Capital, LLC claims that defendant Chao Chen, one of its founders and former employee, used its algorithmic trading strategies in wholesale electricity markets to develop and use similar strategies at his new trading company, Entergrid LLC and Entergrid Fund…
2Cases cited19 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Lujan v. National Wildlife FederationSupreme Court of the United States · 1990
- Oakwood Laboratories LLC v. Bagavathikanun ThanooCourt of Appeals for the Third Circuit · 2021
- Intervest, Inc. v. Bloomberg, L.P.Court of Appeals for the Third Circuit · 2003
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