IG Markets owes $5.5M to client who traded CFDs on ‘test’ market

Posted on by Julia Kanapathippillai
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Online trading platform IG Markets must pay over $5.5 million in damages to a customer, with a court finding a contract term that purportedly allowed it to reverse transactions made in error was unfair.

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Class action law firm not so lucky in second bid for 35% contingency fee

Posted on by Christine Caulfield
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A judge has cut a 35 per cent contingency fee sought by a law firm running a shareholder class action against Origin Energy, even after a different judge approved the rate in a separate case by the firm.

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Plus500 says class action must arbitrate claims over CFDs

Posted on by Cindy Cameronne
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Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration. 

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Ten attacks Bruce Lehrmann’s ‘perverse’ bid for damages in defamation appeal

Posted on by Sam Matthews
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Network Ten has attacked the “perversity” of ex-Liberal staffer Bruce Lehrmann’s argument that a judge’s finding that he raped former colleague Brittany Higgins should be overturned because the trial judge did not accept every detail of Higgins’ account. 

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Master of cheerful persuasion takes seat at the bench

Posted on by Andy Sidler
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A “unicorn” silk affectionately nicknamed the Ted Lasso of the Victorian Bar has been appointed to the Supreme Court at the age of 46, capping a rapid rise from commercial practice and class action work.

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High Court’s PepsiCo ruling means Christmas came early for many multinationals

Posted on by Sam Matthews
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While multinational companies will welcome a recent High Court decision that let PepsiCo off the hook for royalty withholding tax and diverted profits tax, experts agree the decision won’t provide a carte blanche to skirt taxes.

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