2nd Circ. Waves Off Cayman-Related Case Until Other Ruling

By William Gorta (January 10, 2017, 10:19 PM EST) -- The appeal of a summary judgment in favor of a woman accused of stealing her former employer's customer database was ordered held in abeyance by the Second Circuit Tuesday until a related appeal of a case that has roots in the Cayman Islands is decided.

A Connecticut federal judge had ruled in March that investment management firm Trikona Advisers Limited was estopped from prosecuting claims against Kai-Lin Chuang, who was accused of helping steal Trikona's customer database to benefit companies belonging to her boss, then-Trikona partner Rakshitt Chugh. Trikona sued Chugh over ownership of the database and Chugh responded by asking...

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