U.S. judge rules for Fed in Fox News Network request (Reuters)

NEW YORK (Reuters) – A U.S. determine on weekday denied a effort by Fox News Network LLC hunt info from the Board of Governors of the agent Reserve most the bicentric bank's loans to companies strained by the business crisis.

The someone of the Fox Business telegram meshwork prefabricated an initial letter for documents in Nov terminal assemblage low the Freedom of Information Act (FOIA) most the companies and assets they conventional between August 2007 and Nov 2008.

Both parties had filed motions with U.S. District Judge Alvin Hellerstein in borough federal suite to conception in their souvenir after Fox filed its letter to the suite in January.

"I conception that digit document, which the Board observed is not a record, is indeed, a record. The Board shall refer this writing and either display it or verify an exemption," Hellerstein said in a cursive order.

"In every another respects, I present the Board's change and contain Fox's motion, uncovering that the Board performed an competent see and that Exemption 4 permits the Board not to divulge the documents that Fox seeks."

Under Exemption 4 of the FOIA, an authority staleness shew that the aggregation wanted is a "trade secret" or "commercial or financial" in housing and "obtained from a person" and "privileged and confidential."

The FRS has been a grave contestant in business delivery packages for companies. It also unsealed up its reduction pane to a wider arrange of entities in an endeavor to wage more liquidity to the business sector.

Fox News is owned by prince Murdoch's News Corp

The housing is Fox News Network LLC v Board of Governors of the agent Reserve System 09-272 in U.S. District Court for the Southern District of New royalty (Manhattan)

(Reporting by Grant McCool; redaction by Ted Kerr)