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Newsweek Hit with 'Indemnity Costs' After UK High Court Finds It Abused Process

Newsweek
International Business Times Fews App News Provider
Fews App Post Time 2h ago

The Rolls Building, judicial court complex on Fetter Lane, London, England, United Kingdom, UK Marcin Rogozinski Newsweek has been ordered to pay £132,322, about $177,000, toward a London company's legal costs after Britain's High Court found the magazine had pursued "a high risk strategy in the knowledge that the debt was disputed. " The company, court filings say, had already been stripped of its staff and its business four years earlier. In a judgment handed down on July 30, 2026, Insolvency and Companies Court Judge Agnello KC dismissed Newsweek Publishing LLC's application to lift an injunction barring it from filing a winding-up petition against NW Publishing UK Ltd (NW UK) — the British procedure for forcing a company into involuntary liquidation.

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