In re: 650 Fifth Avenue and Related Properties
- Loretta Preska
- 1:08-cv-10934
- U.S. District Court · Southern District of New York
- 1
In re: 650 Fifth Avenue, Judge Loretta Preska granted permission to file an unredacted letter under seal.
The Alavi Foundation and the 650 Fifth Avenue Company, whose unredacted letter may be filed under seal; the order concerns the confidentiality of information about the building's reserve funds.
What happened
In re: 650 Fifth Avenue and Related Properties concerned a request by the Alavi Foundation and the 650 Fifth Avenue Company to seal an unredacted letter about reserve funds for operating and managing the building.
The claimants said the letter contained nonpublic financial information and asked to keep the reserve amount confidential.
Judge Loretta A. Preska found that the letter contained confidential commercial information and granted the request to file it under seal.
The detailed version
- In re: 650 Fifth Avenue and Related Properties · No. 1:08-cv-10934
- Loretta Preska
- Apr. 3, 2020
Background
The Alavi Foundation and the 650 Fifth Avenue Company asked the court for permission to file under seal an unredacted copy of an April 2, 2020 letter. The letter discussed the amount of reserve funds held to facilitate the operation and management of 650 Fifth Avenue. The claimants requested that the information about the reserve amount remain confidential.
Ruling
The court found that the letter contained confidential commercial information. It granted counsel’s request to file the unredacted letter under seal.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.