| As Jane Street Sues
Millennium Its Request to Seal
Courtroom then Request for TRO
Denied
by
Matthew Russell Lee, Patreon Book
Substack
SDNY
COURTHOUSE,
April 18 – Jane Street Group
LLC sued Millennium
Management, Douglas Schadewald
and Daniel Spottiswood, for
allegedly taking trade secrets
from them. On
April 19 there is scheduled a
court hearing on Jane Street's
request for a temporary
restraining order, before U.S.
District Court for the
Southern District of New York
Judge Paul A.
Engelmayer.
Judge
Engelmayer on April 17 granted
a motion to seal; this was
followed on April 18 by not
fewer than seven "selected
parties" only letters.
It is said that
some or all of the April 18
proceeding may be sealed.
Previously, Inner City Press
petitioned Judge Engelmayer in
a trial with an undercover
witness and an audio feed was
made available in another
courtroom, on the 5th floor of
40 Foley Square / 40 Centre
Street.
Should this
civil case be more secret?
How should notice
of a possible sealed
proceeding be given? Alongside
a trial in 100 Centre Street,
Inner City Press has had its
eye on this case.
We can report
that Jane Street's bid to seal
the courtroom was denied. Then
its application for a TRO was
denied, no sufficient showing
of irreparable harm. (H/T FT)
Next up, July 15. Watch this
site.
It is Jane Street
Group, LLC v. Millennium
Management LLC et al.,
24-cv-2783 (Engelmayer)
***
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