White Oak Global Advisors, LLC v. Scopetta

2025 NY Slip Op 31351(U)
CourtNew York Supreme Court, New York County
DecidedApril 18, 2025
DocketIndex No. 652992/2024
StatusUnpublished

This text of 2025 NY Slip Op 31351(U) (White Oak Global Advisors, LLC v. Scopetta) is published on Counsel Stack Legal Research, covering New York Supreme Court, New York County primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
White Oak Global Advisors, LLC v. Scopetta, 2025 NY Slip Op 31351(U) (N.Y. Super. Ct. 2025).

Opinion

White Oak Global Advisors, LLC v Scopetta 2025 NY Slip Op 31351(U) April 18, 2025 Supreme Court, New York County Docket Number: Index No. 652992/2024 Judge: Anar R. Patel Cases posted with a "30000" identifier, i.e., 2013 NY Slip Op 30001(U), are republished from various New York State and local government sources, including the New York State Unified Court System's eCourts Service. This opinion is uncorrected and not selected for official publication. FILED: NEW YORK COUNTY CLERK 04/18/2025 12:58 PM INDEX NO. 652992/2024 NYSCEF DOC. NO. 156 RECEIVED NYSCEF: 04/18/2025

SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK: COMMERCIAL DIVISION PART 45

---------------------------------------------------------------------X WHITE OAK GLOBAL ADVISORS, LLC, INDEX NO. 652992/2024

Plaintiff, 02/21/2025, MOTION 03/13/2025, -v- DATES 03/19/2025 GEORGE M. SCOPETTA, MORGAN L. SWING, MOTION SEQ. Defendants. NOS. 005 006 007

DECISION + ORDER ON MOTIONS --------------------------------------------------------------------X HON. ANAR RATHOD PATEL:

The following e-filed documents, listed by NYSCEF document number (Motion 005) 106– 111, 113, 150 were read on this motion to/for SEAL.

The following e-filed documents, listed by NYSCEF document number (Motion 006) 119, –125, 136–138, 151 were read on this motion to/for SEAL.

The following e-filed documents, listed by NYSCEF document number (Motion 007) 126, 127, 131–134, 139, 140, 141, 152 were read on this motion to/for SEAL.

Before the Court are three motions to seal related to three documents. In Motion Sequence Number 005, Plaintiff White Oak Global Advisors, LLC (“Plaintiff”) moves to seal the Board Consent Resolution (NYSCEF Doc. No. 96), Prime Membership Interest Purchase Agreement (“MIPA”) (NYSCEF Doc. No. 100), and Dalto Valuation (NYSCEF Doc. No. 101) (collectively, “Confidential Documents”); and to redact portions of its Memorandum Of Law In Support Of Plaintiff’s Motion To Dismiss Defendant George Scopetta’s Amended Counterclaims And Affirmative Defenses and the Bronowski Affirmation (NYSCEF Doc. Nos. 102, 103) pursuant to the redacted versions of said documents (NYSCEF Doc. Nos. 82 and 83). Plaintiff seeks to redact the Memorandum of Law and Bronowski Affirmation to the extent that they incorporate confidential information from the Confidential Documents. Defendant Scopetta (“Scopetta”) opposes the motion.

The parties entered into a Stipulation And Order For The Production And Exchange Of Confidential Information (“Confidentiality Order”). NYSCEF Doc. No. 47. “Confidential” information is defined as information “contain[ing] trade secrets, proprietary business information, competitively sensitive information or other information the disclosure of which would, in the good faith judgment of the Party or, as appropriate, non-party designating the material as confidential, be detrimental to the conduct of that Party’s or non-party’s business or the business 652992/2024 WHITE OAK GLOBAL ADVISORS, LLC vs. SCOPETTA, GEORGE M ET AL Page 1 of 4 Motion No. 005 006 007

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of any of that Party’s or non-party’s customers or clients.” Confidentiality Order at §3(a). Plaintiff designated the Board Consent Resolution, MIPA, and Dalto Valuation as “Confidential” and produced them to Defendants accordingly. While courts may consider stipulated protective orders when making decisions about sealing documents, such orders are not dispositive nor do they relieve this Court of its obligation to determine whether the movant has established good cause under 22 NYCRR § 216.1(a).

In Motion Sequence Numbers 006 and 007, Defendant Scopetta moves to provisionally redact portions of its Memorandum Of Law In Opposition To White Oak Global Advisors, LLC’s Motion To Dismiss The Amended Counterclaims And Affirmative Defenses (NYSCEF Doc. Nos. 112, 114) because the redacted material is derived from the MIPA and Dalto Valuation, which are documents marked and produced as “Confidential” pursuant to the Confidentiality Order, and for which Plaintiff’s motion to seal is sub judice. Plaintiff submitted Memoranda of Law In Support of Defendant’s Motions to Seal. NYSCEF Doc. Nos. 136, 139.

Pursuant to § 216.1(a), the Court may seal a filing “upon a written finding of good cause, which shall specify the grounds thereof. In determining whether good cause has been shown, the court shall consider the interests of the public as well as of the parties.” “There is a presumption that the public has the right of access to the courts to ensure the actual and perceived fairness of the judicial system, as the ‘the bright light cast upon the judicial process by public observation diminishes the possibilities for injustice, incompetence, perjury, and fraud.’” Mancheski v. Gabelli Grp. Cap. Partners, 39 A.D.3d 499, 501 (2d Dept. 2007) (quoting Republic of Philippines v. Westinghouse Elec. Corp., 949 F.2d 653 (3d Cir. 1991)). “The public right to access, however, is not absolute.” Mosallem v. Berenson, 76 A.D.3d 345, 349 (1st Dept. 2010). “Although the rule does not further define ‘good cause,’ a standard that is ‘difficult to define in absolute terms,’ a sealing order should rest on a ‘sound basis or legitimate need to take judicial action,’ a showing properly burdening the party seeking to have a sealed record remain sealed.” Danco Lab’ys, Ltd. v. Chem. Works of Gedeon Richter, Ltd., 274 A.D.2d 1, 8 (1st Dept. 2000) (internal citations omitted).

Courts have routinely held that, in the business context, a negative impact as to a movant’s ability to conduct business or participate in negotiations is sufficient to warrant sealing. See, e.g., Mosallem, 76 A.D.3d at 350 (“we have allowed for sealing where trade secrets are involved, or where the release of documents could threaten a business’s competitive advantage”) (internal citations omitted); Mavel, a.s. v. Rye Dev., LLC, 79 Misc. 3d 1231(A) (N.Y. Sup. Ct. 2023); People v. Leasing Expenses Co. LLC, 73 Misc. 3d 1207(A) (N.Y. Sup. Ct. 2021). Courts have further held that sealing is appropriate to warrant protection of third-party names, contact information, and private financial information. See MBIA Ins. Corp. v. Countrywide Home Loans, Inc., No. 602825/08, 2013 WL 450030, at *3–4 (N.Y. Sup. Ct. Jan. 3, 2013) (quoting Mancheski v. Gabelli Grp. Cap. Partners, 39 A.D.3d 499, 502 (2d Dept. 2007) (“disclosure could impinge on the privacy rights of third parties who clearly are not litigants herein.”).

Plaintiff argues that good cause exists to seal the Confidential Documents because they contain confidential and/or propriety business and financial information belonging to Plaintiff and/or certain non-parties to this action that is not publicly available. Specifically, the Board Consent Resolution reveals the identity of a potential third-party buyer, the disclosure of which could prejudice Plaintiff and Third-Party Respondents Prime Plastic Surgery Management LLC 652992/2024 WHITE OAK GLOBAL ADVISORS, LLC vs. SCOPETTA, GEORGE M ET AL Page 2 of 4 Motion No. 005 006 007

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(“Prime”) and PPS MSO Holdings LLC (PPS), and the potential third-party buyer as to future negotiations. The Court observes that the Board Resolution contains no propriety business or financial information, let alone any sensitive information as to the negotiations with the potential third-party buyer. Accordingly, the Court grants Plaintiff’s application only to the extent of redacting the name of the potential third-party buyer. See MBIA Ins. Corp., 2013 WL 450030, at *3–4.

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Related

Mancheski v. Gabelli Group Capital Partners
39 A.D.3d 499 (Appellate Division of the Supreme Court of New York, 2007)
Danco Laboratories, Ltd. v. Chemical Works of Gedeon Richter, Ltd.
274 A.D.2d 1 (Appellate Division of the Supreme Court of New York, 2000)

Cite This Page — Counsel Stack

Bluebook (online)
2025 NY Slip Op 31351(U), Counsel Stack Legal Research, https://law.counselstack.com/opinion/white-oak-global-advisors-llc-v-scopetta-nysupctnewyork-2025.