I got following message while starting confluence:
012-07-31 09:10:34,432 WARN [main] [atlassian.confluence.renderer.DefaultMacroManager] registerMacro Unregistering existing macro 'html' (LazyLoadedMacroDecorator{name=confluence.macros.html:html}) to replace with macro with same name (LazyLoadedMacroDecorator{name=org.swift.confluence.html:html})
And html macro is not being rendered properly on pages after upgrading from 3.5 to 4.2.