Mayfair 101 Group Managing Director James Mawhinney has filed an application for special leave to appeal to the High Court of Australia, in a case where the Full Court of the Federal Court set aside a 20-year injunction on his dealing in financial products but ordered a remittal of the case.
“Last month, the Full Court found ASIC’s original case was mistaken, and the decision couldn't stand because I was denied procedural fairness,” said Mr Mawhinney. “And yet ASIC is allowed to go back and try again with a different case, having got it wrong the first time.”
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