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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. With more than 18 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 (ASIC) and Australian Stock Exchange (ASX) investigations involving claims of insider trading, market manipulation and failures to comply with ASX Business Rules.
He regularly advises and acts 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.
Michael became an accredited mediator in 1993 and has used 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.
Independent, international surveys and guides consistently rank Michael as a leading lawyer. Chambers Global Guide recognises Michael as a leading individual (1st tier) and describes him as 'highly experienced and extremely knowledgeable', 'outstanding', 'a fantastic lawyer … valued for the length of his exceptional knowledge of the law' and 'an insolvency specialist who rolls up his sleeves and gets the job done'. Peers also note Michael's skills in litigation relating to the finance sector.
PLC Which Lawyer? recognises Michael as 'Leading' for Insolvency and Reconstruction, Asia Pacific Legal 500 rates Michael as 'a leader' for Restructuring and Insolvency in Sydney, while the current edition of IFLR 1000 ranks Michael among Australia's leading insolvency lawyers. Michael was further recognised by Best Lawyers: Australia (2010) and Chambers Global (2010) as 'highly commercial, a terrific communicator and very well respected'.
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