Billionaires May Lose From Attack on U.K. Libel Tourism
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A Saudi Arabian sheikh and a Ukrainian businessman may be among the last of the so-called libel tourists in the U.K.
The government may rewrite defamation laws that currently allow a non-citizen to sue a foreign media outlet for reputational damage claims in the U.K. That would close the door for people who’ve sometimes used London courts to silence critics. U.S. film director Roman Polanski, former California Governor Arnold Schwarzenegger and Russian billionaire Boris Berezovsky have won suits filed under the statute.