Delaware Bankruptcy Court Permits DIP Lender to Submit Fee Letters Under Seal
15 December 2008
Mayer Brown Legal Update
15 December 2008 - Certain fee letters associated with a postpetition financing can be submitted under seal under Section 107(b) of Title 11 of the United States Code (the "Bankruptcy Code") according to the United States Bankruptcy Court for the District of Delaware, which noted that the information in such fee letters constituted "confidential . . . commercial information." On December 8, 2008, Tribune Company and certain of its affiliates (collectively, "Tribune") filed voluntary petitions for relief under the Bankruptcy Code.