Fairfax out of pocket $2.4M after being hit with indemnity costs in Elaine Stead defamation case

Defamation 2021-02-08 2:42 pm By Miklos Bolza | Sydney

Nine-owned Fairfax will have to pay out over $2 million in legal fees after being hit with indemnity costs on top of a $280,000 judgment in its defamation spat with venture capitalist Dr Elaine Stead for its “Micawber-like” approach to the case.