Wednesday, March 05, 2008

Julius Baer Withdraws Wikileaks Lawsuit

A Swiss bank Julius Baer on Wednesday asked a federal judge to dismiss a lawsuit that it had filed against a Web site that it claimed had displayed stolen documents revealing confidential information about the accounts of the bank’s clients.

It was also discussed widely if the Judge erred while handling the wikileaks case.

Lawyers involved in the case said the move by Bank Julius Baer most likely ends its battle against Wikileaks, a Web site that allows people to post documents anonymously “to be of assistance to people of all regions who wish to reveal unethical behavior in their governments and corporations.”


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