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No Blue Sky accountability in Aston’s case

Justice Michael Lee said the nature of Blue Sky’s demise warranted the focus and comment of Joe Aston but the judge found Aston went too far in his comments on Elaine Stead.

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The aggravated damages judgment in favour of venture capitalist Elaine Stead and against Rear Window’s Joe Aston provides a fitting epitaph to the demise of Blue Sky Alternative Investments.

Blue Sky was one of the worst corporate collapses of the past five years and yet no one has been held accountable for what happened.

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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com

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    Original URL: https://www.afr.com/chanticleer/no-blue-sky-accountability-in-aston-s-case-20210127-p56x5p