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Search ResultsShowing 1 - 10 of 21 results for "Mayfair"
Mayfair 101 promises investors pie in the sky
ELIZABETH MCARTHUR  |  TUESDAY, 13 OCT 2020
Mayfair 101 will submit a proposal to the Federal Court later this month promising investors the return of their capital. The company said it will present its proposal to the court on October 22, with the objective of giving noteholders a "clear pathway" ...
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 ...
AMP Capital buys digital infrastructure firm
KARREN VERGARA  |  WEDNESDAY, 23 SEP 2020
... It has a partnership with local council Grosvenor Estate, near London, to operate a fibre broadband network throughout Mayfair and Belgravia. VX Fiber is currently targeting opportunities in the UK, Belgium, Austria and Germany. Mikael Sandberg, chair ...
IPO Wealth ordered to wind up
ELIZA BAVIN  |  FRIDAY, 18 SEP 2020
The Supreme Court of Victoria has made a winding up order for Mayfair 101's IPO Wealth fund. In response to the decision, Mayfair said it was disappointed with the outcome and believes it will result in negative ramifications for unitholders. The embattled ...
ASIC restrains Mawhinney
ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
ASIC has been granted interim orders against Mayfair 101 founder James Mawhinney which will stop him siphoning any money out of Australia. The orders also restrain Mawhinney from advertising or promoting any financial product, meaning his work with ...
Mayfair 101's vision for Mission Beach is sinking
ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Bond family has threatened to foreclose on Mayfair 101's crown jewel - its much anticipated development of the Mission Beach region. In a release to the media, Mayfair 101 founder and managing director James Mawhinney insisted that the Mission Beach ...
Ponzi scheme allegations levelled at Mayfair 101
ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
In court documents, ASIC alleged that Mayfair 101's launch of Australian Property Bonds was a last ditch effort by the embattled wealth manager to set up a Ponzi-like scheme. ASIC expressed concerns that Mayfair 101 founder and managing director James ...
Mayfair 101 in damage control
ELIZABETH MCARTHUR  |  MONDAY, 17 AUG 2020
Embattled Mayfair 101 has attempted to set the record straight, hitting out at claims chief executive James Mawhinney may attempt to flee the country and at Vasco Trustees over its handling of the IPO Wealth Fund. ASIC asked the Federal Court last week ...
Industry super accused of misleading consumers
ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
... questioned ASIC during the Senate Parliamentary Joint Committee, Corporations and Financial Services on its litigation against Mayfair 101. Part of ASIC's case against Mayfair 101 is the allegation that it used Google Ad Words like "term deposit" ...
Administrators appointed to IPO Wealth
ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
Voluntary administrators have been appointed to IPO Wealth, one of the main investment vehicles for embattled Mayfair 101. Darryl Kirk, Barry Wight and Rachel Burdett of turnaround and restructuring advisory firm Cor Cordis have been appointed as voluntary ...
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