Transcription of CONFIDENTIALITY OF SETTLEMENT AGREEMENTS …
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CONFIDENTIALITY OF SETTLEMENT AGREEMENTS …
CONFIDENTIALITY OF SETTLEMENT AGREEMENTS -CAN YOU BANK ON IT?MARK N. COHEN, ESQUIREHARRISBURG OFFICE3510 Trindle RoadCamp Hill, PA 17011717-975-8114 PITTSBURGH OFFICE525 William Penn PlaceSuite 3300 Pittsburgh, PA 15219412-281-4256 WESTERN PA OFFICE983 Third StreetBeaver, PA 15009724-774-6000 SCRANTON OFFICE220 Penn AvenueSuite 305 Scranton, PA 18503570-342-4231 MARGOLISEDELSTEINMark N. Cohen, EsquireThe Cutis center170 S. Independence Mall 400 EPhiladelphia, PA 19106-3337215-931-5848 FAX PA Box 628 Hollidaysburg, PA 16648814-224-2119 SOUTH JERSEY OFFICE100 Century ParkwaySuite 200 Mount Laurel, NJ 08054856-727-6000 NORTH JERSEY OFFICEC onnell Corporate CenterFour Hundred Connell DroveSuite 5400 Berkeley Heights, NJ 07922908-790-1401 DELAWARE OFFICE750 Shipyard DriveSuite 102 Wilmington, DE BAR CONFERENCE OCTOBER 14-15, 2011 CONFIDENTIALITY of SETTLEMENT AGREEMENTS - Can You Bank on It?Just as our banking system has taken a hit, parties cannot "bank" on a SettlementAgreement being held confidential, or, once entered, remaining ying and yang arises through the use, by the trial courts, of CONFIDENTIALITY orders tofacilitate settlements and the consequential sacrifice of public access to information deemedconfidential by such orders.
While acknowledging the precedent cited above, the court went on to uphold the confidentiality despite the fact that the Settlement Agreement was filed with the district court …
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