Response 6 months ago

  • snippet
    Asic.gov

    ‘In Justice Anderson’s decision, we hear loud and clear the voices of eight Australian investors who’ve lost hundreds of thousands of hard-earned savings.

    Mayfair 101
    Mayfair 101

    None of them have lost money. No write-offs or write-downs have occurred. The notes exist. This is a fundamental characteristic of debt which ASIC and Ms Chester has not appreciated.

    False
    Misleading
    Mistaken
  • snippet
    Asic.gov

    The responsibility for the losses and the egregious harm to investors is, as the judgment makes clear, all down to the contumelious actions of Mr Mawhinney.’

    Mayfair 101
    Mayfair 101

    This statement should be retracted by Ms Chester and ASIC. ASIC's attack on the group is what has caused harm and this is becoming more obvious as time has passed. Mayfair 101 and our lenders ought...

    False
    Misleading
    Defamatory
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    snippet
    Asic.gov

    the business models for these products were flawed from the outset

    Mayfair 101
    Mayfair 101

    Borrowing money to finance business growth is not a flawed business model. It happens every day around the world, including in Australia.

    False
    Misleading
    Clarification