Biography
Peter Hession is an associate in the Restructuring group in London. As part of the team, he specialises in UK and cross-border financial restructurings, acting for debtors, banks, distressed fund investors and insolvency practitioners.
Prior to joining Weil, Peter was a member of the restructuring team in the Melbourne office of an Australian firm.
Representative experience includes:
- PSP in connection with the refinancing of the Keter Group, a producer of resin-based household and garden consumer products
- An ad hoc group of convertible noteholders in connection with the out-of-court restructuring of Cazoo Group, a leading online car retailer in the UK
- KKR funds and accounts managed by its credit business on its agreement to provide a £75 million non-recourse financing facility to TalkTalk, a leading value for money connectivity provider in the UK
- Roofoods Ltd in relation to the voluntary administration of its Australian subsidiary, Deliveroo Australia Pty Ltd, including the proposal and implementation of an Australian deed of company arrangement*
- APA Group, an ASX-listed Australian energy and infrastructure business, in relation to its AUD$773 million acquisition of Basslink Pty Ltd, involving a receiver-led sale process and entry into an Australian deed of company arrangement with the voluntary administrators of the target*
- The receivers and managers of the Mugga Lane Solar Farm, a renewable energy asset located in the Australian Capital Territory, in relation to the sale of the asset to an Australian clean energy developer and operator*
*Experience gained at previous firm
Latest Thinking, Firm News & Announcements
Latest Thinking
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Weil Represents Ad Hoc Group of Supporting Creditors in McDermott Group Part 26A Restructuring Plan Sanctioned by High Court Today
Blog Post — Weil European Restructuring Watch
— By
Neil Devaney,
Matt Benson,
Kyle McLachlan,
Malina Tatarova and
Peter Hession
— February 27, 2024
The High Court of Justice has today sanctioned the financial restructuring of CB&I UK Limited by way of a Restructuring Plan under Part 26A of the Companies Act 2006. CB&I UK Limited is an English subsidiary of the McDermott Group, a global provider of engineering and construction solutions to the energy industry, headquartered in Houston, ...
Firm News & Announcements
- Weil Represents Ad Hoc Group of Supporting Creditors in McDermott Group Part 26A Restructuring Plan Sanctioned by High Court Today Deal Brief — February 27, 2024
- Weil Advises KKR on its Provision of a £75M Financing Facility to TalkTalk Deal Brief — September 08, 2023