Philip Green abandons legal action against Telegraph newspaper

Philip Green, the billionaire businessman, dropped the lawsuit he had filed against a British newspaper that was trying to report allegations that he had harbaded badually and racially abused some of his employees.

In a statement issued on Monday, Sir Philip said that the Arcadia Group's board of directors, whose tycoon is the chairman, has decided not to press charges against The Telegraph newspaper.

Sir Philip and Arcadia filed suit against The Telegraph last year after five employees of Sir Philip Company alleged allegations of "misconduct" against him, including badual harbadment and racial abuse reported by newspaper.

On Monday, Sir Philip and Arcadia said the complaint was filed against The Telegraph in order to "protect the confidentiality agreements properly concluded". These non-disclosure agreements were part of a settlement with employees who filed claims.

Sir Philip's name was made public when Peter Hain, a former Labor MP and government minister, identified the Arcadia group president in Parliament after the Court of Appeal barred the Telegraph from revealing his identity.

Sir Philip categorically denies any illegal racist or badual behavior. The statement said the prosecution had been halted after Sir Philip had been subjected to a barrage of "perverse personal attacks by the media, who had published false allegations".

"After careful consideration, Arcadia and Sir Philip reluctantly concluded that it was useless to continue the litigation that had already been undermined by the deliberate and irresponsible actions of Lord Peter Hain, paid consultant to Telegraph lawyers Gordon Dadds. and the risks causing greater distress among employees of Arcadia, "the statement said.

"As a result, Arcadia and Sir Philip will seek leave of the Court to terminate the proceedings on Monday."

Due to the ongoing confidentiality obligations and injunction still in effect, Arcadia and Sir Philip indicated that they would not comment on the details of the allegations, but "would confirm that all grievances are dealt with with the utmost seriousness and are subject to thorough investigation in accordance with best practice ". .