2nd Circ. Largely Denies NYT's Bid To Unseal 1MDB Docs

Law360 (March 10, 2020, 6:53 PM EDT) -- The Second Circuit issued an order Tuesday largely denying a request by the New York Times to unseal portions of the hearing transcript for a former Goldman Sachs banker's guilty plea related to the billion-dollar 1Malaysia Development Bhd. scandal.

An appellate panel said it had reviewed the government's reasoning for sealing portions of the transcript for ex-Goldman managing director Tim Leissner's August 2018 guilty plea and agreed with a lower court's decision to keep the unredacted version under seal.

The judges did find that two small redacted portions of the transcript contained information that was publicly available when sealed, and it...

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