Peter Smith Partner

Peter is a commercial litigator who has specialised in complex commercial litigation and all aspects of corporate restructuring and contentious insolvency for over 30 years.

He is known for leading complex litigation, which has included oppression actions, insolvency litigation, construction disputes, tax disputes, and defending professional negligence actions against accountants and directors.

Peter is endorsed as a leading restructuring and insolvency practitioner in Chambers Asia-Pacific (Australia) 2022 guide (and other publications) and as a leading practitioner in Best Lawyers 2022 in the categories of ADR, Bet-the Company litigation, Insolvency and Reconstruction and Litigation. Peter has also been ranked by Doyles as one of several preeminent leading Insolvency and restructuring lawyers in Queensland.

Peter is publicly recognised for his ‘strategic approach’ and good commercial mind’ and as a lawyer who focuses on the end game, working with his clients to achieve the best commercial outcomes.

Experiences

General

Department of Environment and Science

Acting for the party to a test case commenced by the Liquidators of Linc Energy seeking directions as to whether the property of the company should be applied to fund substantial rehabilitation costs in priority to claims of priority creditors, including employees.

Cockatoo Coal

Acted for the US based major shareholder and financier of Cockatoo Coal, which was successfully restructured under consecutive deeds of company arrangement and creditors trust with a funding injection of $100,000.

I-MED Group

Peter was part of his former firms’ restructuring team that advised the Senior Banking Syndicate on the restructuring of the I-MED Group, Australia’s largest, privately owned diagnostic imaging network.

Board of Mackay Sugar

Advised the Board throughout the company’s successful restructure that was implemented over an 18 month period.

Recognition

Career & qualifications

Qualifications

  • Bachelor of Laws (Hons), University of Queensland
  • Bachelor of Commerce, University of Queensland

Memberships

  • ARITA, the Turnaround Management Association
  • Insolvency and Reconstruction Law Committee of the Law Council of Australia
  • Law Society of Queensland

Insights Read more insight

Launching our Insolvency & Restructuring Case Summaries for 2021-2022

We are delighted to launch the first edition of our Insolvency & Restructuring Case Summaries for 2021-2022, with over 45 case summaries highlighting the key takeaways and the practical...

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The role of a Special Purpose Liquidator is not to investigate conduct of external administrators

Today, the Federal Court dismissed a novel application brought by a disgruntled shareholder and minor creditor seeking to have a Special Purpose Liquidator appointed to investigate the general...

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Court directs whether work-in-progress and other intangible ‘assets’ are ‘circulating assets’

The Supreme Court of New South Wales has helpfully given guidance to the liquidators of the RCR Tomlinson Group on a number of unsettled questions that have challenged insolvency practitioners...

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