UBAF Arab American Bank v. Sanchez
Plaintiff UBAF Arab American Bank sued its former vice-president, Sanchez, for $11.5 million due to unauthorized foreign exchange transactions and falsified bank records. Plaintiff sought discovery of Sanchez's credit card and bank records, which was initially denied by protective orders citing privacy. After obtaining some Citibank records, plaintiff moved to reargue and renew these orders. The Supreme Court modified the previous orders, granting plaintiff's motion to reargue and renew. Consequently, protective orders were vacated regarding Sanchez's credit card records and a Citibank deposition, allowing further discovery, but affirmed the protective order concerning the Royce Hotel records. The court emphasized that discovery should facilitate proving a case and is not contingent on prior proof of financial benefit.