HIH
In a landmark case, Henry Davis York acted for one of the appellants in the successful HIH appeal to the House of Lords, in which the Court accepted our client's position that "modified universalism" should be a guiding principle in cross-border insolvencies.
Mahogany
We advise Perpetual Trustee Company Limited (Perpetual), as trustee for retail note investors in Australia, New Zealand and Papua New Guinea, on a judgment obtained in the English High Court to enable certain provisions for the subordination of the rights or beneficial entitlements of Lehman Brothers Special Financing Inc. on its bankruptcy or default to be valid and effectual under English law.
We also acted for Perpetual in its successful defence of the appeal of the decision in the English High Court.
ABC Learning Centres
Henry Davis York has worked with the receivers of ABC Learning Centres to protect the group's significant interests in the United States.
In addition to protecting its shareholding in the Learning Care Group, the receivers have also been involved in proceedings in a number of US locations. They commenced recovery proceedings in Nevada for the return of substantial property holdings and loans. In Arizona, the receivers defended proceedings brought against the ABC group of companies for a substantial amount of damages relating to a development agreement.
Henry Davis York has also assisted the receivers in returning assets to Australia from Canada, New Zealand and the UK.
New Cap Reinsurance Corporation Limited and AFG Insurance Limited
We have acted for the liquidator and administrator (respectively) of these two failed Australian reinsurance companies in securing international protection of their assets and affairs.