Newsweek has been ordered to pay £132,322, about $177,000, toward a London company's legal costs after Britain's High Court found the magazine had pursued 'a high risk strategy in the knowledge that the debt was disputed.' The company, court filings say, had already been stripped of its staff and its business four years earlier.
In a judgement handed down on 30 July 2026, Insolvency and Companies Court Judge Agnello KC dismissed Newsweek Publishing LLC's application to lift an injunction barring it from filing a winding-up petition against NW Publishing UK Ltd (NW UK) — the British procedure for forcing a company into involuntary liquidation. She ordered Newsweek to pay NW UK's costs of both applications, an agreed £132,322, by 4 pm London time on 13 August.
