October 8, 2024

Landmark Ruling by Federal Court of Australia on Crypto Margin Extensions

Landmark Ruling by Federal Court of Australia on Crypto Margin Extensions

In the recent case of Australian Securities and Investments Commission v Bit Trade Pty Ltd [2024] FCA 953, the Federal Court delivered a pivotal judgment that resonates deeply within the cryptocurrency industry. The court scrutinized the nature of Bit Trade’s “Margin Extension” product, ultimately finding that it constitutes a credit facility under Australian law. This […]

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Ontario Appeals Court on Arbitration Act Restricting Appeals of Arbitrator Appointment

Ontario Appeals Court on Arbitration Act Restricting Appeals of Arbitrator Appointment

In a recent decision by the Ontario Court of Appeal—Toronto Standard Condominium Corporation No. 2299 v. Distillery SE Development Corp., 2024 ONCA 712—the court tackled the thorny issue of appealing court-appointed arbitrators. This case serves as a stark reminder of the limitations imposed by arbitration legislation on court intervention and the appealability of certain orders.

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