Is Glencore up to something shady? Lawyers send bizarre warnings to reporters

Rob Beschizza 3:47 pm Thu May 26, 2011

Commodities firm Glencore just had a weak IPO in London, going underwater by the end of day one. But have you heard of them? Probably not! The news is of little interest outside of the finance pages. Journalists, however, have started receiving bizarre legal warnings telling them how to cover the "extremely private individuals" who run the company—letters from a law firm notorious for getting "super-injunctions" for clients that need the British press gagged.

So guess what! Suddenly, Glencore looks quite interesting to the press. Remember the last giant commodities trader to need one of those gagging orders? [IBTimes]

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