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Firstbase.io, Inc.
24-11647
Bankr. S.D.N.Y.
May 21, 2025
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Background

  • Harbor Business Compliance Corporation (Harbor Compliance) is a creditor in the Chapter 11 bankruptcy of Firstbase.io, Inc.
  • Harbor Compliance sought to appoint an examiner under 11 U.S.C. § 1104(c) and included several exhibits (3, 5, 9, 10, 11, 12) with sensitive information.
  • Harbor Compliance filed a motion seeking permission to file both its examiner motion and these exhibits under seal, citing need for confidentiality.
  • The request was made pursuant to Bankruptcy Code §§ 105(a) and 107(b), Bankruptcy Rule 9018, and Local Rule 9018-1.
  • The Bankruptcy Court considered whether the materials met the requirement for sealing and whether cause was established for such relief.
  • The Court granted filings to be made under seal, with procedures for submitting, serving, and ultimately handling sealed materials.

Issues

Issue Plaintiff's Argument Defendant's Argument Held
Whether Harbor Compliance should be permitted to file certain materials under seal Confidential materials require protection to prevent harm and ensure fairness in the case Not specified in the opinion text The court granted the motion, allowing Harbor Compliance to file materials under seal
Who may access the sealed materials Only authorized parties should see the documents Not specified Access is limited to the Court, the Debtor, and any party ordered by the Court
Future handling of sealed materials after case conclusion Need to secure or destroy confidential information Not specified Materials must be retrieved or destroyed unless unsealed by order or debtor consent
Right of other parties to seek unsealing Parties or US Trustee should retain right to challenge sealing Not specified Order is without prejudice to rights of any party to seek unsealing

Key Cases Cited

  • No officially reported cases are cited in this order.
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Case Details

Case Name: Firstbase.io, Inc.
Court Name: United States Bankruptcy Court, S.D. New York
Date Published: May 21, 2025
Docket Number: 24-11647
Court Abbreviation: Bankr. S.D.N.Y.