Banks Can Redact Only Some Docs In Gold Price-Fixing Suit

Law360 (May 6, 2019, 5:14 PM EDT) -- Though a New York federal judge is letting two of the four banks on the line in a gold price-fixing suit redact customer data from discovery production, the ruling applies only to certain documents and shoots down a sweeping bid for mass redaction.

In an order Monday, U.S. District Judge Valerie Caproni disagreed with assertions from Barclays Bank PLC, HSBC Bank PLC, Societe Generale and the Bank of Nova Scotia that disclosing customer data from England and Wales would violate common law in those countries. The judge found that a protective order would trigger exceptions to those laws.

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