November 14, 2007
Northern Rock granted injunction against Financial Times
Further reporting of confidential documents prohibited
Northern Rock plc last night obtained a short term injunction against the Financial Times and other media organisations preventing any further disclosure of a leaked briefing memorandum prepared by the bank’s advisers and provided to potential bidders.
FT.com had earlier reported material from the briefing memorandum, a document governed by a confidentiality agreement and the memorandum itself. The bank applied for an order to prevent further disclosure of the briefing memorandum on the basis that it was sensitive confidential information. At 7pm Mr Justice Tugendhat granted a limited injunction preventing further disclosure of the leaked document and material in the document that had not been published elsewhere than the FT’s website by that time.
Click here for the full judgment and 5RB case report.
- Northern Rock tries to block leak – BBC
- FT forced to axe leaked memo – Guardian
- Two papers, one memo, one judge and two different rulings – Guardian
- Northern Rock gets injunction on memo – Reuters