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Elena Ambrosiadou - Court Approves Injunction as Part of £50,000 Privacy Claim Settlement
Ms Ambrosiadou is founder and CEO of IKOS, a successful hedge fund. In 2010 she brought proceedings for an urgent privacy injunction after Mr Coward leaked to the press a document he had served in family proceedings which were ongoing between the parties in Greece . The document contained private and highly sensitive information about both Ms Ambrosiadou and her minor son.
In April 2011 the Court of Appeal agreed that the publication of private information contained in the Greek court document was unlawful. It approved an interim injunction to which Mr Coward agreed to submit which prevented him from publishing any further copies of the document, or any information concerning the marriage or personal relationship with Ms Ambrosiadou, or information concerning the private affairs of the parties' son.
Mr Coward has now formally admitted liability and has agreed to submit to a final injunction in similar terms to that approved by the Court of Appeal. He has also agreed to pay the sum of £50,000 in damages (which Ms Ambrosiadou is donating to the Greek SOS Children's Villages Association), together with costs.
A Statement in Open Court recording the terms of settlement was today read before Mr Justice Tugendhat in the High Court.
Ms Ambrosiadou commented on the settlement:
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