Judgment for Venture Capitalist defamed in the Australian Financial Review

On 27 January and 8 February 2021, Justice Lee of the Federal Court of Australia delivered judgment for venture capitalist Dr Elaine Stead against Fairfax Media Publications Pty Ltd finding she had been defamed in the Rear Window column published in the Australian Financial Review print edition and website.  Justice Lee awarded Dr Stead $296,500 in damages inclusive of interest.  Dr Stead was also awarded costs of the proceedings including indemnity costs for the trial and a substantial proportion of the proceedings.

Sue Chrysanthou SC and Barry Dean from 153 Phillip appeared for Dr Stead.

153 Phillip congratulates Sue Chrysanthou SC and Barry Dean on this outcome.

Read the full judgments:

Stead v Fairfax Media Publications Pty Ltd (No 2) [2021] FCA 65

Stead v Fairfax Media Publications Pty Ltd [2021] FCA 15

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