Mayfair 101 files Submissions in Appeal Cases
Updated: Apr 9, 2022
Mayfair 101 Group and Managing Director James Mawhinney today each filed extensive written submissions in two appeal cases in the Federal Court that are aimed at overturning Mr Mawhinney’s 20-year ban on dealing in financial products, and a $30 million penalty.
The appeals challenge findings in cases VID228 and VID524 that ran during 2020 and 2021, which had the effect that many of the group’s private equity investments locally and overseas were stalled mid-cycle, including the redevelopment of Dunk Island and Mission Beach and development of Isola San Spirito in Venice, Italy.
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Mayfair 101 Group Managing James Mawhinney