Julius Baer drops attempt in US court to force web-site to remove client records

After a roller-coaster 28-day ride of litigation and negative publicity, the Julius Baer private banking group has dropped its injunction application and claim for damages against an anonymously-operated web-site for whistleblowers.
Bank Julius Baer & Co. Ltd., incorporated in Switzerland, and a Cayman Islands subsidiary, Julius Baer Bank and Trust Co. Ltd., filed a notice of voluntary dismissal without prejudice of its complaint against Wikileaks and wikileaks.org at the U. S. District Court for the Northern District of California on March 5, 2008. In doing so, the plaintiffs stated that they “may, at their option, later pursue their claims, including in an alternate court, jurisdiction or venue”.