For over 30 years, Peter has practiced in the financial services field in various local, national and international firms, primarily in the field of property construction, corporate finance and receiverships.
Formerly a Partner, Peter transitioned to a Special Counsel role as of 1 July 2017.
Peter’s preferred approach is to build long standing client relationships and a close rapport, allowing the parties to be pragmatic and commercial rather than focus solely upon legal issues.
His extensive experience includes transactions for borrowers, lenders, receivers and other counterparties involving combinations of debt, equity, mezzanine debt, syndications, participations, club facilities, receivables financing, debt trading and enforcement of securities.
He has been the principal legal adviser in respect to various receiverships and workouts, many of which have been in the property and the hospitality sectors including a number of well known Queensland resorts and property developments.
Peter is a former member of the McCullough Robertson executive committee and before that was in senior management roles including as Brisbane office managing partner and member of the board of a national firm.
Listed corporate borrower
Advised on a club facility in excess of $150m including coordination of offshore counsel, satisfaction of CP’s and provision of securities across 6 jurisdictions.
Acted in the provision of a $600m receivables financing facility including drafting the transfer agreement and advising on priority and PPS issues.
Advised on a syndicated facility to a borrower in the aged care industry including negotiating the terms of the facility agreement and intercreditor issues.
Listed property developer
Acted in respect to its borrowings under various club facilities in excess of $300m , including negotiating all transaction and hedging documents and assisting with satisfaction of CP’s.
Acted for a listed agribusiness borrower in respect to a club facility in excess of $200m , including negotiating all transaction documents, assisting with satisfaction of CP’s and considering relevant livestock PPS security issues.
Acted for the receivers of various secured assets including Sheraton Mirage Gold Coast (and related contested intercreditor issues), Fitzroy Island resort, M on Mary high rise apartments, Port of Airlie and a range of marina developments.