MAYFAIR 101

Prospective action against the enablers and overseers of the
Mayfair Investment Schemes.

Register your details below to join others also affected by the Mayfair Investment Schemes.

*Class PR is also currently fielding enquires in relation to an IPO Wealth prospective class action.

MAYFAIR 101

Prospective action against the enablers and overseers of the Mayfair Investment Schemes.

Register your details below to join others also affected by the Mayfair Investment Schemes.

*Class PR is also currently fielding enquires in relation to an IPO Wealth prospective class action.

Further information.

Disclaimer: it is for you to judge whether the following comments apply to your experience with Mayfair. We make no such representation.

It is unfortunately not uncommon for Investors to be dudded in Australia. ASIC is rarely effective in prevention or cure and generally does too little too late. Scammers try (and often succeed) to make easy money out of your hard-earned savings, because they can.

Despite flagrantly conducting themselves in a way that could easily have resulted in their being stopped, even before they started, ASIC moves in at a time when by doing so, they may be leaving you “dead in the water.”

ASIC’s intervention, which ordinarily involves an application to a court to have insolvency practitioners appointed, can turn out to be is like entrusting the devil to stop you from drowning in the deep blue sea.

Almost as a rule, investors and unsecured creditors will be lucky if they ever see another dime. Finding a defendant with accessible capital is more than half the battle. Too much faith is placed in PI Insurers, who will often be able to find a catch or a loophole in the PI policy, particularly, where fraudulent conduct can be demonstrated by the insured, which can void the indemnity cover.

When running a class action, it is important to attempt to ensure there is something left in the pot after insolvency practitioners and their lawyers have had their fill and after allowing for the possibility of contingency fees or a funder’s premium being charged for running the class action, which may come off the top of any settlement or judgment monies.

It follows that there is a tension between going for the jugular and treading delicately, to preserve the possibility of an insurance pay-out.

Few lawyers in Australia have had more experience in such cases than Levitt Robinson.

The Storm Financial-related cases against the banks (CBA, Macquarie, Westpac and BoQ) and settlement negotiations with NAB and ANZ – had all of these elements and also involved ASIC’s untimely intervention to close down Storm- not unlike the steps taken against Mayfair.

You cannot expect to get back everything that you have lost but there is art in achieving a rewarding settlement-in or out of court- or a judgment through the courts.

Levitt Robinson stands ready to help you achieve this and to work with you on a funding model, devised fairly to remunerate them, while gaining the best available outcome for you.

Unlike many other firms, Levitt Robinson is also prepared to join with their competitors to maximise the benefits of any legal action for the claimants. Register with us and we will bring you along this difficult journey with us.

Register now with Levitt Robinson, through Class PR. 

Further information.

Disclaimer: it is for you to judge whether the following comments apply to your experience with Mayfair. We make no such representation.

It is unfortunately not uncommon for Investors to be dudded in Australia. ASIC is rarely effective in prevention or cure and generally does too little too late. Scammers try (and often succeed) to make easy money out of your hard-earned savings, because they can.

Despite flagrantly conducting themselves in a way that could easily have resulted in their being stopped, even before they started, ASIC moves in at a time when by doing so, they may be leaving you “dead in the water.”

ASIC’s intervention, which ordinarily involves an application to a court to have insolvency practitioners appointed, can turn out to be is like entrusting the devil to stop you from drowning in the deep blue sea.

Almost as a rule, investors and unsecured creditors will be lucky if they ever see another dime. Finding a defendant with accessible capital is more than half the battle. Too much faith is placed in PI Insurers, who will often be able to find a catch or a loophole in the PI policy, particularly, where fraudulent conduct can be demonstrated by the insured, which can void the indemnity cover.

When running a class action, it is important to attempt to ensure there is something left in the pot after insolvency practitioners and their lawyers have had their fill and after allowing for the possibility of contingency fees or a funder’s premium being charged for running the class action, which may come off the top of any settlement or judgment monies.

It follows that there is a tension between going for the jugular and treading delicately, to preserve the possibility of an insurance pay-out.

Few lawyers in Australia have had more experience in such cases than Levitt Robinson.

The Storm Financial-related cases against the banks (CBA, Macquarie, Westpac and BoQ) and settlement negotiations with NAB and ANZ – had all of these elements and also involved ASIC’s untimely intervention to close down Storm- not unlike the steps taken against Mayfair.

You cannot expect to get back everything that you have lost but there is art in achieving a rewarding settlement-in or out of court- or a judgment through the courts.

Levitt Robinson stands ready to help you achieve this and to work with you on a funding model, devised fairly to remunerate them, while gaining the best available outcome for you.

Unlike many other firms, Levitt Robinson is also prepared to join with their competitors to maximise the benefits of any legal action for the claimants. Register with us and we will bring you along this difficult journey with us.

Register now with Levitt Robinson, through Class PR.