Adam Young

Adam is a Partner in the Sydney Litigation Group specialising in all areas of banking litigation and insolvency.  He acts for most of Australia’s largest Banks as well as other financial institutions and insolvency practitioners.

Adam regularly acts for the Banks in enforcing their securities as well as advising and acting in non lending loss matters. He  adopts a commercial approach to disputes and encourages the appropriate use of alternate dispute resolution methods.

He also advises and acts for insolvency practitioners, whether it be in their capacity as voluntary administrators, receivers, liquidators or trustees in bankruptcy .He advises on all aspects of an insolvency administration, including  creditor’s claims, preference claims, DOCAs and in a receivership.

Adam  successfully completed the IPA’s Insolvency Education Program. He is also a director of the Neutral Bay Club.

Experience

Adam’s recent experience includes:

  • A major Bank: Successfully defended a major Bank in a negligence and breach of contract claim brought by a disgruntled margin loan customer. The defence relied on a break in the chain of causation together with a failure to mitigate by the customer. The matter was successfully defended in the Supreme Court of NSW, the Court of Appeal and in a special leave application to the High Court of Australia;
  • NSW Banks: Advised and represented Banks in numerous Farm Debt Mediations across NSW;
  • Bank: Acted for a Bank in successfully resolving a misleading and deceptive conduct claim and a priority dispute between secured creditors through mediation;
  • Receivers: Acted for receivers and Banks in the enforcement and sale of securities in the property development, medical imaging and mining support services industries; and
  • A major Bank: Acted for a major Bank in defending a claim for damages arising from misleading and deceptive conduct claim in relation to a macadamia nut farm on the NSW north Coast.

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