Investment outfit Mayfair 101 has disputed allegations that founder James Mawhinney tried to switch the description of loans as a way of obscuring if special investment companies were insolvent.
In a 15-page rebuttal, Mayfair 101 has also repeatedly accused provisional liquidators of delivering misleading and false statements to creditors.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
