Swiss Bank Drops Suit Against Wikileaks

 By 
Paul Glazowski
 on 
Swiss Bank Drops Suit Against Wikileaks
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Wikileaks has been on the minds of a lot of tech pundits and legal junkies as of late. The reason being that a suit was filed against the site by a Swiss bank for publishing papers on the Web that cast an unflattering light on the institution and its staff.

The site’s most recent public appraisal (it has been a subject of discussion in weeks and months past) has had to do with U.S. District Court Judge Jeffrey White’s ruling that it would have to be taken offline. After a brief period of disconnect - which was folowed by a temporary relocation to servers overseas, Judge White reversed his decision, and Wikileaks was effectively back in operation as it was before the case as brought to light.

Forward to today, we find that the bank, known by the name of Bank Julius Baer, has now voluntarily abandoned the legal offensive dealt to Wikileaks, and in a seeming effort to save face in some measure, stated that it has reserved “the right to file (the suit) again or pursue it ‘in an alternate court, jurisdiction, or venue,” reports Declan McCullagh of CNET News.

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