Henry Davis York's Restructuring & Insolvency team is consistently recognised by our clients, peers and industry bodies for its pre-eminence, evidenced by the complexity, scale and sensitivity of the matters entrusted to us.
Our team has had leading roles in Australia's most important and high profile corporate collapses, major insolvencies and ground-breaking restructurings in recent years.
We also have Australia's leading cross-border insolvency practice, with a number of partners who have practised and remain qualified in key foreign jurisdictions. The depth of our experience is unparalleled in the Australian market and this is reflected by our regular instructions in offshore matters with an Australian connection, especially in the UK, USA and Grand Cayman.
Leading the way
Many of the matters our team has advised on have involved 'firsts' which have led to landmark judgments and changes in the law, including:
- The first ever court applications under the new PPSA regime in the Hastie and Octaviar liquidations, because of the novelty of the issues and the amounts involved
- The liquidation of a foreign bank (Caledonian Bank Ltd) recognised in Australia under the Cross-Border Insolvency Act
- Successful court appointed receiver to Provident Capital, based on concerns of equal treatment of debenture holders despite there being no missed payments or other default.