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Mayfair director slams ‘erroneous’ Deloitte report in ASIC winding up case
Restructuring & Insolvency 2020-09-15 7:17 pm By Miklos Bolza

The director of besieged investment group Mayfair 101 has called for an investigation into the Australian Securities and Investments Commission, calling a winding up proceeding […]

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Court bars Mayfair’s Mawhinney from talking to investors ahead of wind up battle
Financial Services 2020-09-07 5:02 pm By Miklos Bolza

Mayfair director James Mawhinney has been blocked from talking to investors ahead of a hearing on an application to wind up the IPO Wealth fund, […]

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Judge slams Mayfair director’s misleading comments to investors
Restructuring & Insolvency 2020-09-03 5:05 pm By Miklos Bolza

A judge has criticised “inflammatory” and misleading comments Mayfair 101’s director made to investors regarding attempts to wind up firms associated with the IPO Wealth […]

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‘The scheme has failed’: Court appoints provisional liquidators to Mayfair’s IPO Wealth
Financial Services 2020-07-02 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 2020-06-30 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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Employees are priority creditors of insolvent trading trustees, High Court rules
Appeals 2019-06-20 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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The unforgettable class action rulings of 2018
Feature 2019-01-04 11:37 pm By Christine Caulfield

Last year was an exciting one for class action lawyers, with monumental court decisions on competing cases, cross-jurisdictional spats, proportionality in settlements and the power […]

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Mortgage firm can’t shut down derivative suit over Macquarie Bank sale
Appeals 2018-09-11 5:49 pm By Christine Caulfield

Mortgage aggregator Connective Group has lost an appeal of a ruling that gave the greenlight to a shareholder’s derivative lawsuit against company directors and Macquarie […]

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Banksia class action funder avoids extra costs despite ‘ulterior motive’
Class Actions 2018-09-07 10:42 pm By Christine Caulfield

The litigation funder that unsuccessfully sought to block a shareholder from opposing a $64 million class action settlement over the collapse of Banksia Securities is […]

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