Media tycoon Denis O'Brien loses High Court defamation action against SBP

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Media tycoon Denis O'Brien loses High Court defamation action against SBP
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Media tycoon Denis O'Brien loses High Court defamation action against The Sunday Business Post

The media tycoon, who had attended each day of the case, was not in court on Friday for the majority verdict.

It took the jury seven hours to find articles published on March 15, 2015, did not mean Mr O’Brien was to blame for the collapse of the Irish banking system and the subsequent bailout. It also found the account of Mr O’Brien’s borrowings indicating he faced huge financial pressure in November 2008 was “telling and disturbing”. However, none of it was defamatory.In a statement The Sunday Business Post said: “We welcome the verdict of the jury in the High Court today to reject a claim of defamation made against the paper by Mr Denis O’Brien in respect of the paper’s coverage in 2015 of a matter of significant public interest.

Sunday Business Post chief Siobhain Lennon added: “The case highlights the extent to which Ireland’s defamation laws place significant constraints on all media outlets in their efforts to provide robust, objective and fair scrutiny of the stories that matter to Irish democracy.”Our Irish Mirror Sports Page - which brings you all your Irish and UK sports news - can be found here.The Irish Mirror Twitter account is @IrishMirror while our sports page is @MirrorSportIE.

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