Hedge fund granted injunction against Reuters

Brevan Howard Asset Management, a British hedge fund firm, has been granted an injunction to prevent Reuters publishing a story it says is based on confidential information.

Rachel Armstrong of Reuters reports, “A High Court judge ruled on Thursday after a private hearing that there were not sufficient grounds of public interest for the story to be published.

“‘I found that the information in question was confidential and that the public interest in the maintenance of confidentiality outweighed the public interest in disclosure,’ judge Andrew Popplewell said in a statement issued on Friday.

“He added that he would provide fuller reasons for the judgment in the near future.

“A Reuters spokeswoman said: ‘Our objective is to publish news and information which is in the public interest, which we believe outweighs the confidentiality concerns put forward in this matter.

“‘We are therefore deeply disappointed by this ruling and are reviewing the court’s decision.'”

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