This article is from the source 'guardian' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.theguardian.com/business/2018/jun/29/mirror-publisher-tops-up-funds-to-deal-with-phone-hacking-fallout
The article has changed 4 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
Mirror publisher tops up funds to deal with phone-hacking fallout | Mirror publisher tops up funds to deal with phone-hacking fallout |
(2 months later) | |
The publisher of the Daily Mirror, Sunday Mirror and Sunday People has topped up its fund for dealing with phone-hacking claims against its newspapers by £7.5m, taking the total amount set aside to £70.5m. | The publisher of the Daily Mirror, Sunday Mirror and Sunday People has topped up its fund for dealing with phone-hacking claims against its newspapers by £7.5m, taking the total amount set aside to £70.5m. |
Reach, the new name of the publicly listed company formerly known as Trinity Mirror, said on Friday that while it had continued to make progress, fees for lawyers representing claimants were outstripping its estimates. | Reach, the new name of the publicly listed company formerly known as Trinity Mirror, said on Friday that while it had continued to make progress, fees for lawyers representing claimants were outstripping its estimates. |
“Whilst we continue to make progress on settling civil claims in relation to phone hacking, the costs associated with settling these claims, predominantly the legal fees of the claimants’ lawyers, are expected to be higher than previously estimated,” the company told investors in a stock market filing. | “Whilst we continue to make progress on settling civil claims in relation to phone hacking, the costs associated with settling these claims, predominantly the legal fees of the claimants’ lawyers, are expected to be higher than previously estimated,” the company told investors in a stock market filing. |
“Although there remains uncertainty as to how these matters will progress, the board remains confident that the exposures arising from these historical events are manageable and do not undermine the delivery of the group’s strategy.” | “Although there remains uncertainty as to how these matters will progress, the board remains confident that the exposures arising from these historical events are manageable and do not undermine the delivery of the group’s strategy.” |
In October, lawyers representing TV presenter John Leslie, actor Ralf Little and former Celebrity Big Brother contestant Chantelle Houghton claimed in high court that the board of Reach and its legal team were aware of hacking and did not stop it at the company’s newspapers. | In October, lawyers representing TV presenter John Leslie, actor Ralf Little and former Celebrity Big Brother contestant Chantelle Houghton claimed in high court that the board of Reach and its legal team were aware of hacking and did not stop it at the company’s newspapers. |
Lawyers for Trinity Mirror told the court the evidence presented did not show that company executives or the legal team were aware of hacking. | Lawyers for Trinity Mirror told the court the evidence presented did not show that company executives or the legal team were aware of hacking. |
Last summer, the company said it had settled more than 80% of phone hacking cases against it. | Last summer, the company said it had settled more than 80% of phone hacking cases against it. |
Since 2015, Reach has faced a series of hacking claims from celebrities and public figures. | Since 2015, Reach has faced a series of hacking claims from celebrities and public figures. |
Last April, the company settled with 44 people, including Jeffrey Archer, Patsy Kensit, Denise van Outen, Sophie Ellis-Bextor, the former home secretary Charles Clarke and the ex-England football manager Kevin Keegan, for undisclosed sums. | Last April, the company settled with 44 people, including Jeffrey Archer, Patsy Kensit, Denise van Outen, Sophie Ellis-Bextor, the former home secretary Charles Clarke and the ex-England football manager Kevin Keegan, for undisclosed sums. |
Last May, a payout to Elizabeth Hurley is believed to have broken the record £260,250 paid to Sadie Frost by the publisher in 2015, which at the time was thought to be the single biggest privacy damages payout since the phone-hacking scandal broke in 2010. | Last May, a payout to Elizabeth Hurley is believed to have broken the record £260,250 paid to Sadie Frost by the publisher in 2015, which at the time was thought to be the single biggest privacy damages payout since the phone-hacking scandal broke in 2010. |
In November 2016, Reach paid out more than £500,000 to settle phone-hacking claims by 29 people, including the entertainer Les Dennis, TV presenter Natasha Kaplinsky and EastEnders actor Steve McFadden. | In November 2016, Reach paid out more than £500,000 to settle phone-hacking claims by 29 people, including the entertainer Les Dennis, TV presenter Natasha Kaplinsky and EastEnders actor Steve McFadden. |
In December 2015, the Crown Prosecution Service said no further action would be taken against companies and journalists accused of phone hacking. The CPS said there was insufficient evidence to bring corporate charges against Rupert Murdoch’s News UK and criminal cases against 10 current and former employees on newspapers owned by Reach. | In December 2015, the Crown Prosecution Service said no further action would be taken against companies and journalists accused of phone hacking. The CPS said there was insufficient evidence to bring corporate charges against Rupert Murdoch’s News UK and criminal cases against 10 current and former employees on newspapers owned by Reach. |
Reach (formerly Trinity Mirror) | Reach (formerly Trinity Mirror) |
Newspapers & magazines | Newspapers & magazines |
Phone hacking | Phone hacking |
National newspapers | National newspapers |
Newspapers | Newspapers |
news | news |
Share on Facebook | Share on Facebook |
Share on Twitter | Share on Twitter |
Share via Email | Share via Email |
Share on LinkedIn | Share on LinkedIn |
Share on Pinterest | Share on Pinterest |
Share on WhatsApp | Share on WhatsApp |
Share on Messenger | Share on Messenger |
Reuse this content | Reuse this content |