Temporary injunction not renewed against WSJ
A temporary injunction prohibiting The Wall Street Journal from publishing names of individuals the British government planned to implicate in a criminal-fraud case alleging a scheme to manipulate benchmark interest rates has not been renewed.
A Dow Jones spokeswoman stated, “We are delighted that the temporary injunction has not been renewed. This represents a victory for all media organizations operating in England and Wales, many of whom supported us in this effort. We will be re-posting the previously published story to WSJ.com, and remain fully committed to pursuing the aggressive, informative and independent journalism for which we are known.”
An injunction hearing was held Monday in the Southwark Crown Court in London. The court had issued a temporary injunction that required The Journal to remove an article from wsj.com that had been published on Thursday.
That article was the first to name a number of new alleged co-conspirators linked to the Libor scandal.
Here is the Wall Street Journal story on the Monday hearing.