For over 30 years, Peter has practiced in the financial services field.
Formerly a Partner of the firm, Peter transitioned to a full-time 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.
Acted for Bounty Mining in respect to two secured finance facilities each in excess of $70m, including negotiating facility agreements, Intercreditor arrangements and security documents.
Listed corporate borrower
Advised listed Borrower in the travel industry on a club facility in excess of $200m including coordination of offshore counsel in 6 offshore jurisdictions, satisfaction of CP’s and provision of securities.
Advised Lindsay transport (ASX listed) and Transit Systems on club finance facilities. Included advising Transit on finance issues relating to its recent merger with ASX listed Sealink with a transaction value in excess of $700m.
Receivables and Supply Chain Finance
Acted for Financier/purchaser Greensill Capital in the provision of over $2billion of receivables and supply chain financing facilities including drafting the transfer/customer agreements, advising on priority and PPS/ security issues and issuing of formal closing opinions for investor reliance.
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.
Receiverships and Security Enforcement
Acted for the receivers of various secured assets including Sheraton Mirage Gold Coast (and related contested inter creditor issues), Fitzroy Island resort, M on Mary high rise apartments, Port of Airlie and a range of marina developments.