Mirae Asset Securities Co., Ltd. v. Ryze Renewables Holdings, LLC, et al.

CourtDistrict Court, D. Nevada
DecidedJanuary 30, 2026
Docket2:23-cv-01492
StatusUnknown

This text of Mirae Asset Securities Co., Ltd. v. Ryze Renewables Holdings, LLC, et al. (Mirae Asset Securities Co., Ltd. v. Ryze Renewables Holdings, LLC, et al.) is published on Counsel Stack Legal Research, covering District Court, D. Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mirae Asset Securities Co., Ltd. v. Ryze Renewables Holdings, LLC, et al., (D. Nev. 2026).

Opinion

1 2 3 UNITED STATES DISTRICT COURT 4 DISTRICT OF NEVADA 5 MIRAE ASSET SECURITIES CO., LTD., 6 Case No. 2:23-cv-01492-APG-NJK Plaintiff, 7 Order v. 8 [Docket No. 267] RYZE RENEWABLES HOLDINGS, LLC, et 9 al., 10 Defendants. 11 Pending before the Court is Defendants’ motion to compel. Docket No. 267. Plaintiff filed 12 a response. Docket No. 305. Defendants filed a reply. Docket No. 311. The motion is properly 13 resolved without a hearing. See Local Rule 78-1. 14 I. BACKGROUND 15 This case arises from a dispute regarding the enforceability of loan agreements entered into 16 between Plaintiff’s former employee, Lee, and Defendants.1 17 Through the instant motion to compel, Defendants seek to compel Plaintiff to produce 18 discovery regarding four categories of information. See Docket No. 267 at 7. First, Defendants 19 seek to compel the production of documents concerning Plaintiff’s internal investigation into 20 former employee Lee. See id. at 9-12 (request for production nos. 25-26, 44). Second, Defendants 21 seek to compel the production of documents and communications with Korean regulators and law 22 enforcement regarding Lee’s alleged malfeasance. See id. at 13 (request for production nos. 37- 23 40). Third, Defendants seek to compel admissions concerning Plaintiff’s counsel relationships. 24 See id. at 14-15 (request for admission nos. 41-46). Fourth, Defendants seek to compel admissions 25 and answers to interrogatories regarding the genuineness of documents concerning Lee’s authority. 26 See id. at 16-18 (request for admission nos. 33-34 and interrogatory nos. 22-23). Defendants also 27 1 As the parties are already familiar with the facts of this case, the Court will not provide 28 an extensive factual background. 1 move the Court to award expenses incurred in bringing this motion pursuant to Federal Rule of 2 Civil Procedure 37(a)(5). See Docket No. 267 at 19. 3 II. STANDARDS 4 “[B]road discretion is vested in the trial court to permit or deny discovery.” Hallett v. 5 Morgan, 296 F.3d 732, 751 (9th Cir. 2002); see also Crawford-El v. Britton, 523 U.S. 574, 598 6 (1998). When a party fails to provide discovery and the parties’ attempts to resolve the dispute 7 without Court intervention are unsuccessful, the opposing party may seek an order compelling that 8 discovery. Fed. R. Civ. P. 37(a). The party seeking to avoid discovery bears the burden of showing 9 why it should not be permitted. Blankenship v. Hearst Corp., 519 F.2d 418, 429 (9th Cir. 1975). 10 Arguments against discovery must be supported by “specific examples and articulated reasoning.” 11 U.S. E.E.O.C. v. Caesars Ent., 237 F.R.D. 428, 432 (D. Nev. 2006). 12 Parties are permitted to seek discovery of any nonprivileged matter that is relevant and 13 proportional to the needs of the case. Fed. R. Civ. P. 26(b)(1). District courts enjoy wide discretion 14 in deciding relevancy for discovery purposes.2 E.g., Shaw v. Experian Info. Solutions, Inc., 306 15 F.R.D. 293, 296 (S.D. Cal. 2015). To be permissible, discovery must be “relevant to any party’s 16 claim or defense.” In re Bard IVC Filters Prods. Liab. Litig., 317 F.R.D. 562, 563-64 (D. Ariz. 17 2016) (discussing impact of 2015 amendments to definition of relevance for discovery purposes). 18 Relevance for the purpose of discovery is defined broadly. See, e.g., V5 Techs. v. Switch, Ltd., 19 334 F.R.D. 306, 309 (D. Nev. 2019). 20 “Proportionality focuses on the marginal utility of the discovery being sought.” Guerrero 21 v. Wharton, 2017 WL 7314240, at *2 (D. Nev. Mar. 30, 2017) (citing In re Methyl Tertiary Butyl 22 Ether (“MTBE”) Prods. Liab. Litig., 180 F. Supp. 3d 273, 280 n.43 (S.D.N.Y. 2016)). 23 Proportionality is judged based on: (1) the importance of the issues at stake in the action; (2) the 24 amount in controversy; (3) the parties’ relative access to relevant information; (4) the parties’ 25 resources; (5) the importance of the discovery in resolving the issues; and (6) whether the burden 26

27 2 Material may be discoverable even if not admissible at trial, Fed. R. Civ. P. 26(b)(1), and relevance for discovery purposes is broader than relevance for trial purposes, see, e.g., F.T.C. v. 28 AMG Services, Inc., 291 F.R.D. 544, 552 (D. Nev. 2013). 1 or expense of the proposed discovery outweighs its likely benefit. Fed. R. Civ. P. 26(b)(1). “At 2 bottom, proportionality is a ‘common-sense concept’ that should be applied to establish reasonable 3 limits on discovery.” Guerrero v. Wharton, 2017 WL 7314240, at *2 (D. Nev. Mar. 30, 2017) 4 (quoting Sprint Comm's Co. v. Crow Creek Sioux Tribal Court, 316 F.R.D. 254, 263 (D.S.D. 5 2016)). 6 “Discovery is supposed to proceed with minimal involvement of the Court.” F.D.I.C. v. 7 Butcher, 116 F.R.D. 196, 203 (E.D. Tenn. 1986). Counsel should strive to be cooperative, practical 8 and sensible, and should seek judicial intervention “only in extraordinary situations that implicate 9 truly significant interests.” In re Convergent Techs. Securities Litig., 108 F.R.D. 328, 331 (N.D. 10 Cal. 1985). The Federal Rules of Civil Procedure require that the party bringing a motion to 11 compel “include a certification that the movant has in good faith conferred or attempted to confer 12 with the person or party failing to make disclosure or discovery in an effort to obtain it without 13 court action.” Fed. R. Civ. P. 37(a)(1). The Local Rules further expound on this requirement, 14 providing that discovery motions will not be considered “unless the movant (1) has made a good 15 faith effort to meet and confer ... before filing the motion, and (2) includes a declaration setting 16 forth the details and results of the meet-and-confer conference about each disputed discovery 17 request.” Local Rule 26-6(c). 18 III. ANALYSIS 19 The Court first considers Plaintiff’s opposition to the instant motion challenging the 20 sufficiency of the pre-filing conferral required before filing a motion to compel. The Court then 21 considers each of the four categories of discovery items Defendants seek to compel. Lastly, the 22 Court considers Defendants’ request for expenses. 23 A. Meet-and-Confer Requirement 24 Plaintiff opposes the instant motion by challenging the sufficiency of the pre-filing 25 conferrals required before filing a motion to compel. See Docket No. 305 at 8; see also Local Rule 26 26-6(c). Plaintiff submits that it offered certain compromises that may have eliminated the need 27 for the instant motion practice and that Defendants never responded to Plaintiff’s invitations for 28 further conferral. See Docket No. 305 at 8. Defendants contend that the instant issues have been 1 discussed repeatedly throughout the course of discovery and remained unchanged, thus 2 necessitating the instant filing. See Docket No. 311 at 3-4. 3 The “meet-and-confer requirements are very important and the Court takes them very 4 seriously.” V5 Techs. v. Switch, Ltd., 334 F.R.D. 297, 302 (D. Nev. 2019); see also Docket No.

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Related

Crawford-El v. Britton
523 U.S. 574 (Supreme Court, 1998)
Hallett v. Morgan
296 F.3d 732 (Ninth Circuit, 2002)
Cardoza v. Bloomin' Brands, Inc.
141 F. Supp. 3d 1137 (D. Nevada, 2015)
Pennsylvania v. Exxon Mobil Corp.
180 F. Supp. 3d 273 (S.D. New York, 2016)
Federal Deposit Insurance v. Halpern
271 F.R.D. 191 (D. Nevada, 2010)
Phillips v. C.R. Bard, Inc.
290 F.R.D. 615 (D. Nevada, 2013)
Rivera v. Melendez
291 F.R.D. 21 (D. Puerto Rico, 2013)
Federal Trade Commission v. AMG Services, Inc.
291 F.R.D. 544 (D. Nevada, 2013)
In Re Convergent Technologies Securities Litigation
108 F.R.D. 328 (N.D. California, 1985)
Federal Deposit Insurance v. Butcher
116 F.R.D. 196 (E.D. Tennessee, 1986)

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Bluebook (online)
Mirae Asset Securities Co., Ltd. v. Ryze Renewables Holdings, LLC, et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/mirae-asset-securities-co-ltd-v-ryze-renewables-holdings-llc-et-al-nvd-2026.