Jane Street Group, LLC v. Millennium Management LLC
- Paul Engelmayer
- 1:24-cv-02783
- U.S. District Court · Southern District of New York
- 1
In Jane Street Group v. Millennium Management, Judge Engelmayer granted individual defendants’ request to file amended defenses under seal.
Douglas Schadewald and Daniel Spottiswood, whose amended affirmative defenses were permitted to be filed under seal; the order also concerns Jane Street Group, LLC’s related sealing requests.
What happened
Jane Street Group, LLC sued Millennium Management LLC, Douglas Schadewald, and Daniel Spottiswood. Schadewald and Spottiswood asked for permission to file their amended affirmative defenses under seal while the parties considered whether related filings should also be sealed.
The individual defendants said the amended defenses did not contain trade secrets or other highly confidential business information and argued that the public’s right to see court filings weighed against sealing them. They nevertheless sought temporary permission to file the document under seal while discussing possible redactions with Jane Street.
Judge Paul A. Engelmayer granted the request to file the amended affirmative defenses under seal. The letter states that the individual defendants planned to file a public version by June 12, 2024, after meeting and conferring about any proposed redactions.
The detailed version
- Jane Street Group, LLC v. Millennium Management LLC · No. 1:24-cv-02783
- Paul Engelmayer
- June 11, 2024
Background
The opinion is a letter-order concerning a request by Douglas Schadewald and Daniel Spottiswood, identified as individual defendants, for permission to file their amended affirmative defenses under seal. The request was made under Local Civil Rule 7.1(d) and Individual Practice Rule 4.B.
The individual defendants stated that they believed the amended affirmative defenses should ultimately be public because they did not contain information amounting to a trade secret or other highly confidential business information. They also argued that the presumption of public access was especially strong because the amended affirmative defenses were a pleading central to the court’s work.
Request and ruling
The individual defendants nevertheless requested permission to file the amended affirmative defenses under seal while Jane Street Group’s pending requests to seal portions of the amended complaint and portions of the individual defendants’ earlier answer, affirmative defenses, and counterclaims remained unresolved. They said they would meet and confer with Jane Street about proposed redactions and would file a public version of the amended affirmative defenses by close of business on June 12, 2024. They reserved the right to challenge redactions proposed by Jane Street.
Judge Paul A. Engelmayer granted the request. The order does not state that the court made a final determination that the amended affirmative defenses should remain sealed, and it does not specify any particular redactions.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.