U.S. Court of Appeals for the Seventh Circuit

Taewoo Kim v. Jump Trading, LLC

August 13, 2026

Summary

The court affirmed the denial of Jump Trading's motion to compel arbitration. It held that the court, rather than an arbitrator, must decide whether equitable estoppel permits Jump, a nonsignatory, to enforce the arbitration agreement, and concluded that Jump could not do so because it had not shown the reliance required under Illinois law.