The firm acted for 250 people who lost funds invested in Henshaw Edwards (Solicitors Nominee Company). The law firm collapsed as a result fraud by two of the partners. GCA brought claims against the NZLS Solicitors Fidelity Guarantee Scheme following convictions being entered against those former partners. The NZLS denied liability and the case caused much public controversy. GCA quickly obtained judgment (March 1993) and every NZ law firm partner had to then pay the sum of $10,000 into the Fidelity Guarantee Scheme, so the judgment could be met. The firm also negotiated a further $4.5M in costs and interest bringing the total recoveries to over $12M.
