Judge finds ‘no immediate threat’ of harm in ASIC’s contempt case against Mayfair’s Mawhinney

ASIC 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.