International Equity Investments, Inc. v. Opportunity Equity Partners, Ltd., et ano., No. 1:2005cv02745 - Document 655 (S.D.N.Y. 2010)

Court Description: MEMORANDUM OPINION & ORDER: #98605 Opportunity and Citigroup's confidentiality order does not warrant the application of a strong presumption against modification. Instead, after balancing the Parties' interests, the reasonableness of their reliance on the confidentiality order, the order itself, and the intervenor's purpose for seeking modification, Demarco is not entitled to modify the confidentiality order to assist litigation in Brazil. For the foregoing reasons, Demarco's motion to intervene is GRANTED, but permission to modify the confidentiality order is DENIED. SO ORDERED. (Signed by Magistrate Judge Ronald L. Ellis on 3/2/2010) (tve) Modified on 3/3/2010 (ajc).