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Showing 1 - 10 of 22 results for "James Mawhinney"

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
Embattled Mayfair 101 founder James Mawhinney is maintaining his innocence, fighting his 20-year ban from soliciting and receiving funds in relation to financial products. Mawhinney has retained Roberts Gray Lawyers and has lodged an appeal with the ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
The Federal Court has ruled that Mayfair 101 founder James Mawhinney cannot fundraise for or advertise financial products for 20 years. The judgement, delivered this morning, ordered that Mawhinney and any of his employees or any companies he is a part ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... deceptive conduct by claiming its products were comparable to bank term deposits, when they were not." Mayfair founder James Mawhinney responded to the court's finding by saying that it was "not feasible" for Mayfair to defend itself against the "infinitely ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
The corporate regulator has slightly softened its accusations against Mayfair 101 founder James Mawhinney - saying he wasn't consciously dishonest, just irresponsible. During a hearing in ASIC's case against M101 Nominees held on March 9, a lawyer for ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... secured under the Security Trust Deed (like a term deposit is) this would have been misleading. Mayfair 101 director James Mawhinney said the case should highlight that his staff "acted compliantly at all times". "The Court has also recognised our right ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... wind up. The is the first outcome arising from ASIC's ongoing actions against Mayfair 101 Group and its director James Mawhinney. Said Jahani and Philip Campbell-Wilson of Grant Thornton have been appointed as liquidators. M101 Nominees raised approximately ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... with Slater and Gordon to join the class action. IPO Wealth is a Mayfair 101 fund. Mayfair 101 and its founder James Mawhinney said the court's decision to liquidate the fund was disappointing. "As the founder of IPO Wealth, I am devastated by the ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... our investors. This matter should have never gone to court in the first place," Mayfair 1010 managing director James Mawhinney said. "If ASIC had written to us, telephoned us, or visited us to raise their concerns we would have made the adjustments they ...

Mayfair 101 promises investors pie in the sky

ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
... noteholders a "clear pathway" to their initial investment being returned. Mayfair 101 founder and managing director James Mawhinney said: "My team and I are bitterly disappointed by the significant impact the events of recent months have had on noteholders ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
Mayfair 101 founder James Mawhinney has accused ASIC of a witch hunt, saying a provisional liquidators' report proves M101 Nominees had no "smoking gun" - but the report actually refers to the company's business model as unsustainable. A provisional ...
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