The Federal Court has ordered that First Mutual Private Equity Pty Ltd and the unregistered managed investment scheme operated by it and Gregory Raymond Cotton be wound up.
ASIC has acted to appoint receivers over the assets of Gregory Raymond Cotton and First Mutual Private Equity Pty Ltd.
The Federal Court of Australia has extended the orders, first made on 15 August 2025, freezing the bank accounts of Gregory Raymond Cotton.
Federal Court freezes funds of Melbourne-based Gregory Cotton and his company First Mutual Private Equity Pty Ltd.
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