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Michael Hughes |
| Partner |
| BEc, LLB |
| Sydney |
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Biography
Michael is recognised as one of Australia's leading insolvency and reconstruction lawyers.
Chambers & Partners Global Guide to the World's Leading Lawyers consistently recognises Michael as a 'leading individual' (1st tier) and describes him as 'highly experienced and extremely knowledgeable', 'outstanding' and is valued 'for the length of his exceptional knowledge of the law'.
Peers also noted Michael's skills in litigation relating to the finance sector. Which Lawyer recognises Michael as 'Leading' for Insolvency and Reconstruction. The current edition of International Financial Law Review 1000 – 2008 ranks Michael as among Australia's leading insolvency lawyers, as does PLC Which Lawyer? 2008/2009 and Chambers Global Guide 2008. Michael was also named in 'Best Lawyer' published in the Australian Financial review in March 2008.
With more than 17 years' experience, he has developed a specialist practice in insolvency and reconstruction law, security enforcement and commercial litigation. Notably, he spent 12 months working with a specialist insolvency practice in London.
A focus of Michael's practice is acting for banks and other credit providers in the enforcement of securities and the work out of problem loans. He advises on Australian Securities and Investments Commission and Australian Stock Exchange (ASX) investigations, involving claims of insider trading and market manipulation, and failures to comply with ASX Business Rules.
He has also advised and acted for insolvency practitioners in the promotion of deeds of company arrangement, the recovery of company assets, and in the issues arising while securing and realising assets.
Michael is a member of the National Committee of the Insolvency Practitioners Association of Australia, the peak body representing the interests of insolvency professionals, and a former National Chairman of the Law Council's Insolvency and Reconstruction Committee. He qualified as an accredited mediator in 1993 and uses this experience to promote negotiated settlements of protracted bank and insolvency litigation.
In addition, Michael plays a key role in the firm's relationship with several significant clients.
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