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Mayfair’s James Mawhinney loses challenge to re-examination
Angel Aleksov 2022-04-29 10:05 pm By Sam Matthews Melbourne
The former director of Mayfair’s failed IPO Wealth Holdings, James Mawhinney, has lost his challenge to a judge’s decision allowing liquidators to examine him for an eighth day about the transfer of “considerable assets and funds” from the fund to other entities he controlled.
Mayfair’s James Mawhinney wants reprieve from ASIC’s contempt case
Angel Aleksov 2022-03-17 4:14 pm By Cindy Cameronne Sydney
Mayfair 101 director James Mawhinney has sought a temporary stay of ASIC’s case accusing him of being in contempt of court for allegedly breaching a 20-year ban on selling financial products.
Mayfair’s ex-lawyers may fight claim that ‘flagrant incompetence’ led to court loss
Allens 2022-02-24 7:36 pm By Bianca Hrovat Sydney
Former legal representatives of companies in the Mayfair 101 group are considering an application to strike out part of an appeal that alleges their “flagrant incompetence” led to director James Mawhinney copping a 20-year ban on soliciting investor funds.
Judge finds ‘no immediate threat’ of harm in ASIC’s contempt case against Mayfair’s Mawhinney
Angel Aleksov 2022-02-18 4:19 pm By Bianca Hrovat Sydney
The Australian Securities and Investments Commission has lost an interim injunction bid against the director of investment firm Mayfair 101 in its case seeking a contempt finding, despite arguing there was a substantial risk of harm to consumers.
Mayfair 101 appeals $30M judgment in ASIC’s misleading advertising case
ASIC 2022-01-24 10:45 pm By Christine Caulfield Melbourne
Embattled investment group Mayfair 101 is challenging a judge's decision last month to slug it with a $30 million penalty for engaging in misleading and deceptive advertising.
Mayfair slapped with $30M fine after judge finds ASIC penalty ‘insufficient’
Aaron Weinstock 2021-12-22 10:10 am By Miklos Bolza Sydney
Beleaguered investment group Mayfair 101 will have to pay a $30 million penalty after a judge found a $12 million penalty proposed by ASIC was "insufficient".