Abstract: | We prove a Beurling-Blecher-Labuschagne theorem for \({H^\infty}\)-invariant spaces of \({L^p(\mathcal{M},\tau)}\) when \({0 < p \leq\infty}\), using Arveson’s non-commutative Hardy space \({H^\infty}\) in relation to a von Neumann algebra \({\mathcal{M}}\) with a semifinite, faithful, normal tracial weight \({\tau}\). Using the main result, we are able to completely characterize all \({H^\infty}\)-invariant subspaces of \({L^p(\mathcal{M} \rtimes_\alpha \mathbb{Z},\tau)}\), where \({\mathcal{M} \rtimes_\alpha \mathbb{Z} }\) is a crossed product of a semifinite von Neumann algebra \({\mathcal{M}}\) by the integer group \({\mathbb{Z}}\), and \({H^\infty}\) is a non-selfadjoint crossed product of \({\mathcal{M}}\) by \({\mathbb{Z}^+}\). As an example, we characterize all \({H^\infty}\)-invariant subspaces of the Schatten p-class \({S^p(\mathcal{H})}\), where \({H^\infty}\) is the lower triangular subalgebra of \({B(\mathcal{H})}\), for each \({0 < p \leq\infty}\). |