EMAG

The independent action group for current and ex Equitable Life policyholders, funded by contributions.

Equitable Members Action Group

Equitable Members Action Group Limited, a company limited by guarantee, number 5471535 registered in the UK

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Media Stories: 09/12/2005 - The Press coverage of cessation of litigation

9 December 2005 - The Press coverage of cessation of litigation

The announcement of cessation of litigation came at noon on Friday 2 December. Within the hour, the Society had issued a smoke-and-mirrors spoiler story about “half a dozen” unsolicited approaches to buy any or all of the fund. But the press has wised-up to these tactics and the coverage the next day was pretty savage. The headlines tell their own story...

Treves refuses to go after Equitable Life drops £3.2bn claim
Patrick Collinson, Guardian
http://business.guardian.co.uk/story/0,16781,1656731,00.html

Equitable Bid Ends In 'Shambles'
Ananova
http://www.ananova.com/business/story/sm_1633227.html?menu=business.reports.us

Final curtain falls on a long-running legal fiasco
By Nikki Tait, FT
http://news.ft.com/cms/s/098b1fdc-63a3-11da-be11-0000779e2340.html

Anger and resignation as Equitable drops claim
By Charles Batchelor and Andrea Felsted, FT
http://news.ft.com/cms/s/f1594840-63a1-11da-be11-0000779e2340.html

Equitable climbdown leaves £45m legal bill
By Nikki Tait and Andrea Felsted, FT
http://news.ft.com/cms/s/fb2b3866-63a0-11da-be11-0000779e2340.html

Equitable drops the last of its £3.75bn legal claim
By Christine Seib, The Times
http://www.timesonline.co.uk/newspaper/0,,175-1901908,00.html

New humiliation for Treves
Ruth Sunderland, Daily Mail
(not digitised)

Counting the costs in life savings and reputations
By Nikki Tait and Andrea Felsted Financial Times 5 December
http://news.ft.com/cms/s/04d73874-6504-11da-8cff-0000779e2340.html

A tale of scandalously poor judgement
Andreas Whittam-Smith in The Independent 5 Dec 05
http://comment.independent.co.uk/columnists_m_z/andreas_whittam_smith/article331145.ece