HHGP Hudson Highland Grp., Inc. (MM)

CUSIP NO. 443792106 PAGE 2 OF 10 PAGES


1 Names of Reporting Persons
 I.R.S. Identification Nos. of above persons (entities only)

 PERRY CORP.

2 Check the Appropriate Box If a Member of a Group (See Instructions)
 a. [ ]
 b. [ ]

3 SEC Use Only

4 Citizenship or Place of Organization

 NEW YORK

 5 Sole Voting Power
Number of 0
 Shares
Beneficially 6 Shared Voting Power
 Owned By 0
 Each
Reporting 7 Sole Dispositive Power
 Person 0
 With
 8 Shared Dispositive Power
 0

9 Aggregate Amount Beneficially Owned by Each Reporting Person

 0

10 Check Box If the Aggregate Amount in Row (9) Excludes Certain
 Shares (See Instructions)

 [ ]

11 Percent of Class Represented By Amount in Row (9)

 0.00%

12 Type of Reporting Person (See Instructions)

 IA, CO

CUSIP NO. 443792106 PAGE 3 OF 10 PAGES


1 Names of Reporting Persons
 I.R.S. Identification Nos. of above persons (entities only)

 RICHARD C. PERRY

2 Check the Appropriate Box If a Member of a Group (See Instructions)
 a. [ ]
 b. [ ]

3 SEC Use Only

4 Citizenship or Place of Organization

 UNITED STATES

 5 Sole Voting Power
Number of 0
 Shares
Beneficially 6 Shared Voting Power
 Owned By 0
 Each
Reporting 7 Sole Dispositive Power
 Person 0
 With
 8 Shared Dispositive Power
 0

9 Aggregate Amount Beneficially Owned by Each Reporting Person

 0

10 Check Box If the Aggregate Amount in Row (9) Excludes Certain
 Shares (See Instructions)

 [ ]

11 Percent of Class Represented By Amount in Row (9)

 0.00%

12 Type of Reporting Person (See Instructions)

 IN, HC

CUSIP NO. 443792106 PAGE 4 OF 10 PAGES


ITEM 1(A) NAME OF ISSUER:

 Hudson Highland Group, Inc. (the "Issuer").

ITEM 1(B) ADDRESS OF THE ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

 500 Lexington Avenue
 New York, NY 10022

ITEM 2(A) NAME OF PERSON FILING:

 This statement is filed on behalf of each of the following persons
(collectively, the "Reporting Persons"):

 i) Perry Corp.; and

 ii) Richard C. Perry, in his capacities as the President
 and sole stockholder of Perry Corp. ("Mr. Perry").

 This statement relates to Shares (as defined herein) held for the accounts
of two or more private investment funds for which Perry Corp. acts as general
partner and/or managing member of the general partner and/or investment adviser.

ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:

 The address of the principal business office of each of the Reporting
Persons is 767 Fifth Avenue, New York, New York 10153.

ITEM 2(C) CITIZENSHIP:

 1) Perry Corp. is a New York corporation; and

 2) Mr. Perry is a citizen of the United States.

ITEM 2(D) TITLE OF CLASS OF SECURITIES:

 Common Stock, par value $0.001 per share (the "Shares").

ITEM 2(E) CUSIP NUMBER:

 443792106

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B),
 OR 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:

 i) Perry Corp. is an investment adviser registered under
 Section 203 of the Investment Advisers Act of 1940.

 ii) Mr. Perry is a control person of Perry Corp.

ITEM 4(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:

 PERRY CORP.
 (i) Sole power to vote or direct the vote 0

 (ii) Shared power to vote or to direct the vote 0

 (iii) Sole power to dispose or to direct the disposition of 0

 (iv) Shared power to dispose or to direct the disposition of 0

 MR. PERRY
 (i) Sole power to vote or direct the vote 0

 (ii) Shared power to vote or to direct the vote 0

 (iii) Sole power to dispose or to direct the disposition of 0

 (iv) Shared power to dispose or to direct the disposition of 0

CUSIP NO. 443792106 PAGE 6 OF 10 PAGES


ITEM 9. NOTICE OF DISSOLUTION OF GROUP:

 This Item 9 is not applicable.

ITEM 10. CERTIFICATION:

 By signing below each of the Reporting Persons certifies that, to the best
of such person's knowledge and belief, the securities referred to above were
acquired and are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of changing or
influencing the control of the Issuer of such securities and were not acquired
and are not held in connection with or as a participant in any transaction
having such purpose or effect.

Date: February 8, 2008 PERRY CORP.

 Name: /s/ Michael Neus*
 ---------------------------------------------
 By: Richard C. Perry
 Title: President




Date: February 8, 2008 RICHARD C. PERRY

 By: /s/ Michael Neus*
 ---------------------------------------------

*By Michael Neus, attorney-in-fact

Date: February 8, 2008 PERRY CORP.

 Name: /s/ Michael Neus*
 ---------------------------------------------
 By: Richard C. Perry
 Title: President




Date: February 8, 2008 RICHARD C. PERRY

 By: /s/ Michael Neus*
 ---------------------------------------------

*By Michael Neus, attorney-in-fact

CUSIP NO. 443792106 PAGE 10 OF 10 PAGES

 EXHIBIT B

 POWER OF ATTORNEY

 KNOW ALL MEN BY THESE PRESENT, that I, RICHARD Perry, hereby make,
constitute and appoint each of PAUL LEFF and MICHAEL NEUS acting individually,
as my agent and attorney-in-fact for the purpose of executing in my name, (a) in
my personal capacity or (b) in my capacity as an officer of, shareholder of or
in other capacities with Perry Corp. ("Perry") and each of its affiliates or
entities advised by me or Perry, all documents, certificates, instruments,
statements, filings and agreements ("documents") to be filed with or delivered
to any foreign or domestic governmental or regulatory body or required or
requested by any other person or entity pursuant to any legal or regulatory
requirement relating to the acquisition, ownership, management or disposition of
securities, futures contracts or other investments, and any other documents
relating or ancillary thereto, including without limitation all documents
relating to filings with the Commodity Futures Trading Commission and National
Futures Association, the United States Securities and Exchange Commission (the
"SEC") pursuant to the Securities Act of 1933 or the Securities Exchange Act of
1934 (the "Act") and the rules and regulations promulgated thereunder, including
all documents relating to the beneficial ownership of securities required to be
filed with the SEC pursuant to Section 13(d) or Section 16(a) of the Act and any
information statements on Form 13F required to be filed with the SEC pursuant to
Section 13(f) of the Act.

 All past acts of these attorneys-in-fact in furtherance of the foregoing
are hereby ratified and confirmed.

 This power of attorney shall be valid from the date hereof until revoked by
me.

 IN WITNESS WHEREOF, I have executed this instrument as of the 21st day of
June 2005.


 /s/ Richard Perry
 ------------------------------
 Richard Perry