Venture capitalist Elaine Stead on Monday won another round in her legal battle with The Australian Financial Review when the Federal Court awarded her indemnity costs because the paper had refused her “reasonable” offer to settle.
Justice Michael Lee said he accepted columnist Joe Aston “had genuine and cogent grounds for his concerns” about the collapse of Blue Sky in 2018.
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Michael Pelly is the legal editor, based in our Sydney newsroom. He has been a senior adviser to federal and state attorneys-general and written two books, one a biography of former High Court Chief Justice Murray Gleeson. Email Michael at michael.pelly@afr.com
