Release 6 months ago

Major Victory for Mayfair, James Mawhinney & Lenders - IPO Wealth Liquidators Abandon Claims, Relinquish 80 per cent of Assets

March 15, 2024MelbourneAustralia

Mayfair 101 Managing Director James Mawhinney has called for a Parliamentary inquiry into the Australian Securities and Investment Commission's handling of Mayfair 101 in the wake of a legal settlement between liquidators appointed to the IPO Wealth Holdings group, Mayfair 101 and Mr Mawhinney.

 

In the settlement the liquidators have abandoned all claims against Mr Mawhinney and his companies, and Mayfair 101 has been reinstated with control over 80 percent of the assets the liquidators previously sought control over. Mayfair 101 says the settlement is worth approximately

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