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Delaware Bankruptcy Court Permits DIP Lender to Submit Fee Letters under Seal



by Frederick D. Hyman
Mayer Brown LLP - New York Office

Jeffrey G. Tougas
Mayer Brown LLP - New York Office

Amit K. Trehan
Mayer Brown LLP - New York Office

Barbara Yan
Mayer Brown LLP - New York Office

January 16, 2009

Previously published on December 15, 2008

Certain fee letters associated with a postpetition financing can be submitted under seal under Section 107(b) of Title 11 of the United States Code (the "Bankruptcy Code") according to the United States Bankruptcy Court for the District of Delaware, which noted that the information in such fee letters constituted "confidential . . . commercial information."


 

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