Cameron in 60 seconds

Cameron Cheetham is a partner in the Banking Turnaround and Insolvency group.

Cameron focuses on Australian and worldwide restructuring and insolvency matters. He is uniquely qualified having practised for 20 years in Australia, London and New York. He has extensive experience in complex formal restructurings and out-of-court reorganisations for public, portfolio and private debtor companies, creditors, equity sponsors, strategic investors and related contentious disputes. He is widely acknowledged as bringing a depth of practical experience and energy to matters, which he combines with his exceptional understanding of formal insolvency regimes. Cameron is widely regarded as driving sensible, commercial outcomes and is a regular lecturer in Australia and the U.S. on international restructuring issues.


  • BA, LLM

    Admitted to practice in New South Wales, England and Wales and New York

    International experience

    Prior to re-joining HDY, Cameron was with Kirkland & Ellis in New York, and Herbert Smith (as it was then known) in London.

Independent Recognition

  • "Recommended Lawyer" in Restructuring and Insolvency in The Legal 500 Asia Pacific, 2017 and 2016

Industry associations

  • Member of the Australian Restructuring Insolvency & Turnaround Association (ARITA)
  • Member of INSOL International
  • Turnaround Management Association
  • Law Society of New South Wales
  • Law Society of England and Wales
  • New York State Bar Association

Cameron's Recent Experience

Various PPSA secured creditors in the Arrium/Onesteel administrations

Acting for disputed PPSA secured creditors of Onesteel including in Supreme Court proceedings seeking declarations concerning the constitutional validity of the PPSA regime concerning the vesting of defective security interests upon the appointment of the voluntary administrators.

SC Lowy, Blackrock, Remagen Capital consortium

Acting for the consortium in the debt acquisition and subsequent voluntary administration of the McAleese Group, which implemented a balance sheet and operational restructuring via a deed of company arrangement incorporating a partial debt for equity swap and new money facilities.

Remagen Capital Limited

Acting for Remagen Capital and its related entities as special situations lenders to stressed entities in the agricultural, plant & equipment hire, mining, property development and manufacturing industries.

PPB Advisory

Acting for the liquidators of Lehman Brothers Australia and its related entities in Australia and the U.S. in relation to the realisation of the company's assets and determination of its liabilities and the allocation of surplus funds.

Maritimo Group companies

Advising the related secured creditor in the Maritimo Offshore Pty Ltd voluntary administration.

Group of funds

Acting for an ad hoc group of funds in their capacity as creditors of BrisConnections regarding the Airportlink M7.

Forgacs/Donau group

Advising the group in its operational restructuring, including the related secured creditor in the Broens Pty Ltd voluntary administration.

Black Diamond

Acting for Black Diamond in the scheme of arrangement and restructuring support agreement concerning Emeco Holdings Ltd.

Cameron's Recent Insights

Reforms to address corporate misuse of the Fair Entitlements Guarantee Scheme

  • 24 Jul 2017

The Fair Entitlements Guarantee Scheme provides cover for certain employees who have lost their jobs due to the insolvency of their employer. It is intended to be a scheme of last resort to support...

Insolvency Law Reforms – Update

  • 08 Jun 2017

On 1 June 2017 the Federal Government introduced the Treasury Law Amendment (2017 Enterprise Incentives No.2) Bill 2017 into parliament. If enacted, the legislation will bring a major shake-up...

Insolvency Law Reforms – how they affect you

  • 10 May 2017

Australian insolvency laws have been criticised for precipitating value destruction and terminal decline in the life of a company.   To address this the Australian Government recently r...

Court approval required for post-administration security interest grants

  • 31 Mar 2017

In a decision of the Federal Court of Australia handed down today, the Court has clarified that lenders to companies in external administration taking registered security interests under the Person...