Apple Exclusive News

GT Advanced keeps their issues with Apple undisclosed

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GT-Advanced-Technologies

GT Advanced Technologies, the sapphire supplier that filed for bankruptcy protection on Monday, is trying not to disclose their issues with Apple.

According to GT, there’s a risk it will have to pay $50 million damages “under certain confidentiality agreements involving a third party, which agreements themselves are required to be kept confidential.” Though GT Advanced didn’t name who that third-party might be.

GT Advanced also reportedly asked the New Hampshire court for an “in camera” hearing, which would not be open to the public.

Here’s the complete motion.

A lawyer from the Office of the U.S. Trustee, criticized the lack of disclosure by GT and said that the record is insufficient for the court to find what the court needs to find.


 

Senior Writer


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