The energy trading hedge fund Amaranth has long been toast. And now, so are its purported claims against Touradji Capital Management and various affiliated entities and employees. In a joint statement on Monday, Touradji and Amaranth said that the defunct hedge fund had withdrawn a Sept. 18 New York state court summons (pdf) against Touradji. Amaranth’s would-be claims included breach of contract, trade secret theft and fraud. No money exchanged hands as part of the deal.

According to the summons, Amaranth and Touradji signed a confidentiality agreement in advance of the transfer of Amaranth’s base metals portfolio to Touradji. (The transfer was part of Amaranth’s ultimately unsuccessful attempt to stave off the biggest hedge fund meltdown in history.) Amaranth’s lawyers at Debevoise & Plimpton suggest in the summons that Touradji stole confidential and proprietary trade secrets and trading strategies related to the base metals portfolio.

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