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Binary options trader hit with $1.8M penalty for ‘systemic’ exploitation
ASIC 2020-06-18 4:10 pm By Cat Fredenburgh

A Marshall Islands-based binary options trader has been hit with a $1.8 million penalty after a judge found it engaged in the “deliberate deception of vulnerable people”.

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In loss for Herbert Smith Freehills, court says self-represented law firms can’t recover costs
Appeals 2020-02-13 4:29 pm By Cat Fredenburgh Melbourne

Herbert Smith Freehills cannot recover its costs for successfully representing itself in litigation with United Petroleum over the company’s aborted initial public offering, with an appeals court finding the High Court’s recent ruling eliminating the so-called Chorley exception for self-represented lawyers applies to law firms as well.

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ASIC wins case over options trader’s ‘deliberate deception’
ASIC 2020-02-05 4:09 pm By Miklos Bolza Sydney

ASIC has chalked up a victory in a long-running case against a Marshall Islands-based binary options trader, with a judge finding the trader engaged in the “deliberate deception of vulnerable people”.

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Multiplex wants Hastie liquidators to pay up for betting on set-off limitation
Baker McKenzie 2019-11-15 10:33 pm By Christine Caulfield Melbourne

Multiplex is calling for the liquidators of collapsed engineering services group Hastie to pay its costs, and pay now, for pursuing an action to recover millions of dollars in unpaid bills on the grounds that the construction company was not entitled to offset its debts with amounts owing.

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Barrister ends case against DLA Piper over nearly $100,000 in unpaid fees
Business of Law 2019-03-11 11:37 pm By Christine Caulfield Melbourne

DLA Piper has reached an agreement with a second barrister who alleged the firm refused to pay him until its client settled the bill, according to court documents.

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DLA Piper resolves QC’s case over $274,000 in unpaid fees
Business of Law 2019-02-22 12:13 pm By Christine Caulfield Melbourne

DLA Piper appears to have settled a case brought by a Queen’s Counsel alleging it skipped out on $274,000 in fees because the firm’s client had not paid its bill.

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Barristers suing DLA Piper over $370,000 in fees did not do all the work, court told
Business of Law 2019-02-04 11:21 am By Christine Caulfield Melbourne

Two barristers suing DLA Piper over $370,000 in fees did not perform all the work for which they billed the law firm, a court heard Monday.

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DLA Piper sued by QC, junior barrister over $370,000 in unpaid fees
Article 2019-01-16 10:13 pm By Christine Caulfield Melbourne

A Queens Counsel and a junior barrister at the Victorian Bar are taking DLA Piper to court, accusing the law firm of failing to pay more than $370,000 in fees.

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Hastie liquidators offer to settle with builders over $124M in unpaid bills
Baker McKenzie 2018-12-07 7:58 pm By Christine Caulfield Melbourne

Hastie Group’s liquidators have offered to drop their $124 million case against two dozen major builders if the companies agree to pay an undisclosed sum toward their unpaid bills, a court heard Friday.

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