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Showing 1 - 8 of 8 results for "IPO Wealth Holdings"

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... comes after the details of the $44 million settlement between Mayfair 101, Mawhinney and the liquidators of IPO Wealth Holdings were made public. In July 2022, the liquidators reached a settlement to abandon all claims against Mawhinney and his companies. ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators appointed ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... Wealth fund when its troubles started in April 2020. IPO Wealth was primarily a debt fund lending money to IPO Wealth Holdings which traded as Mayfair 101 Holdings, a related party to the fund's investment manager. Mayfair 101 Holdings used the loan ...

IPO Wealth ordered to wind up

ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
... noted in the proceedings that a number of false and misleading statements were made about Mawhinney and the IPO Wealth Holdings group. "These statements have ultimately been used to serve the interests of the other parties, rather than those of unitholders," ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... of turnaround and restructuring advisory firm Cor Cordis have been appointed as voluntary administrators of IPO Wealth Holdings. "We have been appointed as voluntary administrators of the company by James Mawhinney, a director of the company, as a result ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... trustee. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May 2020 it appointed receivers to IPO Wealth Holdings.

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... raised a few more questions. The letter asserted that shares in Accloud, which were supposed to be held by IPO Wealth Holdings, had instead initially been held by a number of different entities on a bare trust in 2018 and then in 2019 had been transferred ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
... development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May 2020 it appointed receivers to IPO Wealth Holdings. "The group considers this a premature and imprudent measure by Vasco given the current economic conditions imposed ...
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