On 4th May, the BBC reported that a confidential settlement has been reached between the BBC, the Guardian and law firm Appleby over the reporting of leaked documents detailing offshore tax-avoidance schemes. Appleby began legal action after details from the documents, known as the Paradise Papers, were published. About half of the 13.4 million leaked documents were from Appleby, one of the world’s largest providers of offshore legal services. A joint statement said that it was now clear that the vast majority of documents that were of interest in the Paradise Papers investigation related to the fiduciary business that is no longer owned by Appleby and so were not legally privileged documents.
http://www.bbc.com/news/uk-44001176
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