New Century Wants To Seal O’Melveny’s Fee Data

Law360, New York (July 18, 2007, 12:00 AM EDT) -- New Century Financial Corp. has attempted to file under seal time records for bankruptcy counsel O’Melveny & Myers LLP relating to the law firm’s work on the government investigations of the subprime lender.

New Century asked the U.S. Bankruptcy Court for the District of Delaware on Tuesday to permit it to keep the time records private in order to protect attorney-client privileged information and O’Melveny’s strategic decisions.

O’Melveny has helped New Century work through the ongoing pre-petition criminal and regulatory investigations being conducted by the U.S....
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