Nat Rothschild loses libel action against Daily Mail
Banker had sued Associated Newspapers over what he claimed were sustained and unjustified attacks in a May 2010 story
By Jason Deans and Agencies
February 10, 2012
Nat Rothschild has lost his libel action against the Daily Mail over being portrayed as a “puppet-master” who brought together Lord Mandelson and Russian oligarch Oleg Deripaska.
Rothschild, the Swiss-based financier, had asked for very substantial damages from Daily Mail publisher Associated Newspapers over what he claimed were sustained and unjustified attacks in a May 2010 story.
The newspaper denied libel and pleaded justification.
After the decision was given on Friday by Mr Justice Tugendhat, who heard the case at London’s high court without a jury, Rothschild, who was not present, said in a statement that he intended to appeal.
Tugendhat said that it had been established by Associated Newspapers that “the words complained of were substantially true”.