Unable to overwrite but can delete file

I'm debugging a ksh script written by someone else that does the following:

It runs a command and redirects stdout to a file called dberror that already exists using ">". This command fails with the following error:

The file access permissions do not allow the specified action.

dberror: 0403-005 Cannot create the specified file.

The script continues and a couple lines later it deletes the error file like this:
rm -f dberror

The file is successfully deleted but no file permissions are changed in the script.

My question is why the ">" operator can't overwrite the file but the rm -f can delete it? I always thought that anyone who has write permissions on the file could overwrite it with ">".

To overwrite a file, you need write permissions on the file. To delete it, you need write permissions on the directory holding the file.