NRD GP LLC v. Centiva Capital, LP

USDL SDNY UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK FILED NRD GP LLC, and NEBULA RESEARCH & DATE FILED: 7/17/2025 DEVELOPMENT LLC, aidan Plaintiffs, 24-CV-07245 (MMG) -against- ORDER CENTIVA CAPITAL, LP, Defendant.

MARGARET M. GARNETT, United States District Judge: On July 8, 2025, Defendant filed a letter-motion to compel the production of certain communications over which Plaintiffs have asserted privilege. See Dkt. No. 52. By letter- motion that same day, Defendant requested to file under seal its motion to compel and the exhibits thereto. See Dkt. No. 51. Plaintiffs submitted a response to the motion to compel on July 10, 2025, also requesting by letter-motion to file their submissions under seal. See Dkt.

Nos. 53, 54. Defendant and Plaintiffs subsequently requested permission to apply proposed redactions to their submissions on July 11 and 15, respectively. See Dkt. Nos. 56, 58.

Having examined the materials in question and considered the parties’ representations, the Court grants Defendant’s and Plaintiffs’ letter-motions to file their submissions under seal, to the extent they are redacted. Further, the Court finds that the proposed redactions are narrowly tailored to protect competitively sensitive information and privileged material. Although “[t]he common law right of public access to judicial documents is firmly rooted in our nation’s history,” this right is not absolute, and courts “must balance competing considerations against” the presumption of access. Lugosch v. Pyramid Co. of Onondaga, 435 F.3d 110, 119-20 (2d Cir. 2006) (internal quotation marks omitted); see also Nixon v. Warner Comme’ns, Inc., 435 U.S. 589, 599 (1978) (“[T]he decision as to access is one best left to the sound discretion of the trial court, a discretion to be exercised in light of the relevant facts and circumstances of the particular case.”). The requests to seal are necessary to protect confidential business information and privileged material.

As to the motion to compel, the Court will conduct an in camera review of the contested communications. Plaintiffs are hereby ORDERED to submit the communications for the Court’s in camera review no later than July 23, 2025. Plaintiff should submit the files via email to [email protected], or via a file sharing service with access provided to that email address, with any redacted information highlighted.

The Clerk of Court is directed to TERMINATE Dkt. Nos. 51 and 53.

Dated: July 17, 2025 New York, New York SO ORDERED.

United States District Judge