In re Foreign Exchange Benchmark Rates Antitrust Litigation
- Lorna Schofield
- 1:13-cv-07789
- U.S. District Court · Southern District of New York
- 22
In re Foreign Exchange Benchmark Rates Antitrust Litigation: Judge Schofield granted a motion to seal specified summary-judgment materials and restricted access.
The parties and the individuals identified in the appendix are affected because access to the document filed at Docket No. 1594 is limited to them; the sealing protects confidential business and personal information.
What happened
In re Foreign Exchange Benchmark Rates Antitrust Litigation involved the parties’ cross-motions for summary judgment and a joint request to keep some filing materials from public view.
The court granted the motion to seal. The document filed at Docket No. 1594 will remain sealed, and access is limited to the parties and the individuals identified in an appendix.
Judge Lorna G. Schofield explained that restricting access was necessary to protect confidential business information and personal information, including information covered by foreign data-privacy rules. The Clerk was directed to close the motion at Docket No. 1593.
The detailed version
- In re Foreign Exchange Benchmark Rates Antitrust Litigation · No. 1:13-cv-07789
- Lorna Schofield
- May 28, 2021
Background
The parties had filed cross-motions for summary judgment under the Court’s prior order. They later filed a joint motion to seal portions of those motions and related materials. The opinion addresses only the sealing request, not the underlying antitrust claims or the cross-motions for summary judgment.
Court’s analysis
A sealing order restricts public access to court filings. The court stated that the common-law right of access to judicial documents is not absolute and that courts must balance that right against competing interests. Here, the court found that filing the referenced document in redacted form was necessary to prevent unauthorized disclosure of confidential business information and personal information, including information concerning individuals subject to foreign data-privacy regimes.
Ruling
The court granted the motion to seal. The documents filed at Docket No. 1594 will remain sealed, and only the parties and the individuals identified in the attached appendix will have access. The Clerk of Court was directed to close the motion at Docket No. 1593. This order did not decide the parties’ cross-motions for summary judgment or the merits of the antitrust litigation.
Read the full 22-page opinion on CourtListener, the free public archive maintained by the Free Law Project.