Greensill Drops Reuters Libel Case After Early Ruling

Law360, London (May 27, 2020, 6:54 PM BST) -- Greensill Capital has dropped a libel suit against Reuters in London over a story that reported the financing group made a false statement to the bond market in 2018, the news agency confirmed Wednesday.

Greensill Capital UK Ltd. and its founder have decided to abandon the claim filed with the High Court over an article on a public notice about a hydro power plant in Scotland.

A spokesperson for Reuters said Greensill recognized that "its claim was without merit" after a judge ruled earlier this month that the article did not imply that the financing group had knowingly provided a false...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!