Between a rock and a hard place: gauging the public interest in confidential financial information.

Lauterbach, Thorsten

Abstract

The financial difficulties Northern Rock has found itself in over the past few months have been hitting the headlines on a regular basis. Who can forget the queues of customers outside the bank's many premises patiently awaiting their turn to clear out their respective accounts. At the moment the future of the bank still appears anything but clear. The turbulences have also spilled into the court room recently. In Northern Rock plc v Financial Times and others, the bank sought an interim injunction to stop the publication of certain confidential commercial information contained in a 'Briefing Memorandum'. In its search for potential investors Northern Rock provided detail as to how it proposed to use such investment in the Memorandum. The document contained a clause that the information was to be treated in strict confidence.

Citation

LAUTERBACH, T. 2008. Between a rock and a hard place: gauging the public interest in financial information. Scottish law gazette, 76(1), pages 15-17.

• Journal Article Type: Article
• Online Publication Date: Jan 31, 2008
• Publication Date: Jan 31, 2008
• Deposit Date: Feb 16, 2024
• Publicly Available Date: Dec 20, 2024
• Journal: Scottish law gazette
• Print ISSN: 0036-9314
• Publisher: Scottish Law Agents Society
• Peer Reviewed: Peer Reviewed
• Volume: 76
• Issue: 1
• Pages: 15-17
• Keywords: Intellectual property; Financial institutions; Investors; Customers
• Public URL: https://rgu-repository.worktribe.com/output/2243447