Banco San Juan Internacional, Inc. v. The Federal Reserve Bank of New York et al

Filing 156

ORDER granting 153 Letter Motion to Seal. Application granted. A proposed redacted Second Amended Compliant should be filed on the docket and the proposed unredacted Second Amended Compliant should be filed under seal. The Clerk is directed to close ECF No. 153. (Signed by Judge John G. Koeltl on 1/28/2025) (rro)

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WINSTON &STRAWN NORTH AMER ICA SOUTH AMER ICA EUROPE 200 Park Avenue New York. NY 10166 T +1 (212) 294-6700 F +1 (212) 294-4700 AS IA LLP ABBE D AVID LOWELL Partner (2 12) 294-6700 ADLowell@winston.com January 27, 2025 VIAECF Hon. John G. Koeltl United States District Court Southern District of New York 500 Pearl Street New York, NY 10007 Re: Banco San Juan Internacional, Inc. v. the Federal Reserve Bank of New York and the Board of Governors of the Federal Reserve System, No. 1:23-cv-6414 (JGK) Dear Judge Koeltl: Counsel for Plaintiff Banco San Juan Internacional, Inc . ("BSJI") writes pursuant to Section VI.2 of the Court's Individual Practices to request leave to file under seal certain information contained in Plaintiff's forthcoming proposed Second Amended Complaint. The allegations BSJI requests leave to redact concern information from or shared with BSJI's Supervisor, the Office of the Commissioner of Financial Institutions of Puerto Rico ("OCIF"), as well as information regarding private examiners' reports on BSJI's compliance programs and business operations. This Court previously granted BSJI leave to redact this same information when BSJI filed its Amended Complaint (ECF No . 133), and BSJI does not seek to redact any additional information. This Court enjoys broad discretion in sealing or redacting documents upon a showing of good cause, and BSJI's request is consistent with this Court's prior sealing orders. Accordingly, BSJI respectfully submits that good cause has been shown, and requests that this letter motion be granted. Respectfully submitted, Isl Abbe David Lowell Abbe David Lowell Kelly A. Librera Hon. John G. Koeltl January 27, 2025 2 WINSTON & STRAWN LLP 200 Park Avenue New York, NY 10166 ADLowell@winston.com KLibrera@winston.com T: 1-212-294-6700 F: 1-212-294-4700 Counsel for Banco San Juan Internacional, Inc. cc: Counsel for All Parties (via ECF)

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