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‘The scheme has failed’: Court appoints provisional liquidators to Mayfair’s IPO Wealth
Financial Services July 2, 2020 12:46 pm By Miklos Bolza

A court has appointed provisional liquidators to the IPO Wealth Group, rejecting claims by the firm’s sole director that the move would severely damage his […]

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Mayfair 101 founder denies troubled fund a Ponzi scheme
Financial Services June 30, 2020 4:26 pm By Miklos Bolza

The embattled founder of Mayfair 101 investment group has denied allegations that its $80 million IPO Wealth fund is a failed Ponzi scheme as he […]

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Former Liberal senator Julian McGauran sues Mayfair 101 over $1M investment
Financial Services June 26, 2020 6:20 pm By Christine Caulfield

Already facing action by the corporate regulator for alleged misleading and deceptive conduct and a potential class action, investment firm Mayfair 101 must now defend […]

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Mayfair 101 hits back at ASIC claims of misleading advertising
Financial Services June 16, 2020 5:29 pm By Christine Caulfield

Investment group Mayfair 101 has denied claims by ASIC that it has engaged in misleading or deceptive advertising of its Platinum products, saying in a […]

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COVID-19 sees Virgin administrators absolved of liability on unprecedented scale
Restructuring & Insolvency May 15, 2020 4:40 pm By Alison Eveleigh

The administrators of Virgin Australia have been absolved of personal liability for the ongoing operation of the embattled airline on an unprecedented scale, with Australia’s […]

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ASIC wins injunction against Mayfair 101 promotion language
Financial Services April 16, 2020 5:09 pm By Miklos Bolza

A judge has issued a temporary injunction limiting how Mayfair 101 can promote two of its investment products, in proceedings brought by ASIC accusing the […]

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ASIC wins unconscionable conduct case against OTC derivatives issuer AGM Markets
Financial Services February 27, 2020 10:28 pm By Cat Fredenburgh

ASIC has notched up a win against derivative issuer AGM Markets and two of its authorised representatives, with a court finding they engaged in misleading, […]

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Ex-Murray Goulburn execs say judge should not disqualify them again
Securities November 13, 2019 11:27 pm By Miklos Bolza

The former chief financial officer of Murray Goulburn has asked a judge to relieve him from any disqualification order sought by the corporate watchdog in […]

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Employees are priority creditors of insolvent trading trustees, High Court rules
Appeals June 20, 2019 9:08 pm By Miklos Bolza

The High Court of Australia has resolved a nearly 40-year old question of whether employees of a failed company established as trustee of a trading […]

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High Court to clarify meaning of ‘officer’ under Corporations Act
Appeals May 21, 2019 2:46 pm By Cat Fredenburgh

The High Court has granted ASIC special leave to appeal a judgment that let a former director of Gold Coast finance company MFS Group partially […]

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