BGC Partners, Inc. et al v. Avison Young (Canada), Inc. et al

Filing 229

ORDER that 221 Report and Recommendation is ACCEPTED and ADOPTED in full. FURTHER ORDERED that Plaintiffs' proposed claim for breach of fiduciary duty and aiding and abetting breach of fiduciary duty is DENIED, with prejudice, because P laintiffs waived those claims and is judicially estopped from alleging them in an amended complaint. The claims are also preempted to the extent they are based on the misappropriation of trade secrets. FURTHER ORDERED that Plaintiffs' prop osed claim for violation of the Nevada RICO statute is DENIED, with prejudice, to the extent that a state law RICO claim may not be predicated on the misappropriation of trade secrets. FURTHER ORDERED that Plaintiffs' proposed addition of Western Alliance Commercial Inc. (WCA) as an additional defendant to their proposed claim for tortious interference with contractual relations is DENIED, with prejudice, because a person cannot be liable for intentionally interfering with its own contract. Signed by Judge Richard F. Boulware, II on 2/11/2019. (Copies have been distributed pursuant to the NEF - MMM)

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1 2 3 4 5 6 UNITED STATES DISTRICT COURT 7 DISTRICT OF NEVADA 8 *** 9 BGC PARTNERS, INC., et al., 10 Plaintiffs, ORDER 11 12 Case No. 2:15-cv-00531-RFB-GWF v. AVISON YOUNG (CANADA), INC., et al., 13 Defendants. 14 Before the Court for consideration is the Report and Recommendation [ECF No. 221] of 15 16 the Honorable George Foley, Jr., United States Magistrate Judge, entered January 7, 2019. 17 A district court “may accept, reject, or modify, in whole or in part, the findings or 18 recommendations made by the magistrate.” 28 U.S.C. § 636(b)(1). A party may file specific 19 written objections to the findings and recommendations of a magistrate judge. 28 U.S.C. § 20 636(b)(1); Local Rule IB 3-2(a). When written objections have been filed, the district court is 21 required to “make a de novo determination of those portions of the report or specified proposed 22 findings or recommendations to which objection is made.” 28 U.S.C. § 636(b)(1); see also Local 23 Rule IB 3-2(b). Where a party fails to object, however, a district court is not required to conduct 24 “any review,” de novo or otherwise, of the report and recommendations of a magistrate judge. 25 Thomas v. Arn, 474 U.S. 140, 149 (1985). Pursuant to Local Rule IB 3-2(a), objections were due 26 by January 21, 2019. No objections have been filed. The Court has reviewed the record in this 27 case and concurs with the Magistrate Judge’s recommendations. 28 ... 1 2 IT IS THEREFORE ORDERED that the Report and Recommendation [ECF No. 221] is ACCEPTED and ADOPTED in full. 3 IT IS FURTHER ORDERED that Plaintiffs’ proposed claim for breach of fiduciary duty 4 and aiding and abetting breach of fiduciary duty is DENIED, with prejudice, because Plaintiffs 5 waived those claims and is judicially estopped from alleging them in an amended complaint. The 6 claims are also preempted to the extent they are based on the misappropriation of trade secrets. 7 IT IS FURTHER ORDERED that Plaintiffs’ proposed claim for violation of the Nevada 8 RICO statute is DENIED, with prejudice, to the extent that a state law RICO claim may not be 9 predicated on the misappropriation of trade secrets. 10 IT IS FURTHER ORDERED that Plaintiffs’ proposed addition of Western Alliance 11 Commercial Inc. (WCA) as an additional defendant to their proposed claim for tortious 12 interference with contractual relations is DENIED, with prejudice, because a person cannot be 13 liable for intentionally interfering with its own contract. 14 15 DATED: February 11, 2019. _____________________________ RICHARD F. BOULWARE, II United States District Judge 16 17 18 19 20 21 22 23 24 25 26 27 28 -2-

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