Dow Jones & Co. “has settled a defamation lawsuit launched against it by an Australian mining magnate”, agreeing to pay $137,500 plus $306,000 in legal fees to Joe Gutnick and issuing a statement in court that it never intended to suggest that he was a client of a Melbourne man jailed for financial misdeeds. The case drew wide attention (see Jan. 18-20, 2002) primarily because it occasioned a “landmark ruling in December 2002 [in which] the High Court of Australia unanimously ruled that the case could be heard in Gutnick’s home state of Victoria because people there could have read the article online. … The settlement is not likely to affect the precedent already set, said University of Ottawa professor Michael Geist, who noted courts in the United Kingdom and Canada have already cited the Australian decision in asserting jurisdiction over other Internet defamation cases.” (“Dow Jones Settles Precedent-Setting Internet Defamation Suit”, AP/Editor & Publisher, Nov. 16).
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