Julius Baer & Company LTD on Wednesday abandoned, for now, its legal quest to shut down whistleblower website Wikileaks.

Lawyers for the Swiss bank filed a motion to dismiss the case five days after a federal judge in San Francisco ruled the website's postings of leaked documents is protected as free speech by the US Constitution.

"I think they are recognizing what the judge made clear on Friday," said Electronic Frontier Foundation lawyer Matt Zimmerman, who was on the Wikileaks defense team.

"It seems the plaintiff decided there wasn't much point in going forward and we agree with that."

Wednesday, March 5, 2008

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