“Apple Inc. asked a court for permission to file under seal its objections to GT Advanced Inc.’s bankruptcy motions, as the iPhone maker seeks to keep information about its business secret,” Dawn McCarty reports for Bloomberg. “‘The bases for the objection involve confidential research, development, or commercial information regarding Apple’s business processes,’ Apple said today in a court filing. The company said it wants to protect sensitive information and comply with the terms of confidentiality agreements with GT Advanced.”
“GT Advanced, which last year announced a supply agreement with Apple, filed for bankruptcy last week without specifying why. The Merrimack, New Hampshire-based company has asked for court permission to file documents under seal unless a bankruptcy judge directs otherwise,” McCarty reports. “The state of New Hampshire and the U.S. Justice Department’s bankruptcy watchdog have objected to GT Advanced’s secrecy.”
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