I said the other day I was not sure how she would rule on this. The government objected to Fairholme’s motion and Sweeney ruled today:
Plaintiffs in the above-captioned case have filed a motion seeking general leave to file any and all protected information from this case under seal in other litigation challenging the Net Worth Sweep in which plaintiffs appear as parties or amici. Plaintiffs represent that defendant opposes the motion. However, the court need not await a response from defendant; plaintiffs’ motion is meritorious and therefore GRANTED.
Investors Flock To Hedge Funds As Markets Recover
s/ Margaret M. Sweeney
MARGARET M. SWEENEY
Basically Sweeney has granted Fairholme the right to the to share what is protected and uncovered in discovery with the other courts where the NWS is being challenged…