Law360, New York (July 05, 2007, 12:00 AM ET) -- Bankruptcy procedural rulings typically go unnoticed. However, in 2007 two bankruptcy court rulings regarding procedural disclosure requirements for investors participating in the bankruptcy process have caused a significant stir. Bracewell represented a group of investors in a major victory to protect the investors' confidential and proprietary information from mandatory disclosure in bankruptcy. A discussion of these rulings and some proposed measures to protect investor information follows below.

*The Northwest Decision Mandated Investor Disclosure*

This past February the United States Bankruptcy Court for the Southern District of...