To answer your second question first, I am confident that it's drafted to that standard. There's a necessity standard at stake. That's a high standard for a judge, and they well know what that means. It's very high. The standard is not whether it would be convenient or useful. It's a necessity standard, so it's high.
To your first point, in the vast majority of such rare cases, the scenario you've outlined would be the one at play. In other words, it would be information related to closely associated directors of the company, because that's the type of information the corporation or company would have.