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Mawhinney slammed for taking lawyers’ reputation ‘hostage’ in ASIC appeal
The former legal representatives of James Mawhinney have hit back at allegations of incompetence by the embattled Mayfair 101 founder on the last day of his appeal against decisions that saw him banned from soliciting funds or promoting any financial product for 20 years.
Lawyers’ failure kept me from claiming privilege, says Mayfair’s Mawhinney
The founder of beleaguered investment group Mayfair 101, James Mawhinney, has argued that multiple law firms failed to advise him of the privilege against self-exposure to penalty in proceedings brought by the corporate regulator, which saw him banned from soliciting funds or promoting any financial product for 20 years.
Seeley challenge to ‘natural cool air’ trade mark gets chilly reception
Air-conditioning giant Seeley is appealing a decision by IP Australia shooting down its bid to block a father-son team from registering their ‘Natural Cool Air’ trade mark.
Mayfair slapped with $30M fine after judge finds ASIC penalty ‘insufficient’
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".
ASIC seeks ‘very substantial’ $12M penalty against Mayfair
The Australian Securities and Investments Commission says beleaguered investment group Mayfair 101 should pay a $12 million penalty after a judge found the company misled investors about its financial products.
Mayfair 101’s James Mawhinney says lawyers OK’d alleged misleading conduct
The founder of embattled investment group Mayfair 101, James Mawhinney, has said he received legal advice approving the company’s advertising of financial products that a court has found misled investors.
InterPharma loses bid to invalidate Pfizer’s Precedex patent
Global pharmaceutical giant Pfizer has successfully defended the patent for its sedative drug Precedex against a validity challenge, a big win for the drug maker after a US court found last year that its patents for a ready-to-use version of the drug were invalid for obviousness.