Search Your Queries Related To Trilegal

Restructuring, Special Situations and Insolvency

Our team has exceptional proficiency in acting on high-value corporate and debt restructurings, distressed assets, complex insolvencies and other special situations.

Our experienced team of 75+ lawyers regularly advises global private funds, banks, financial services providers, and international corporations on special situations, distressed debt and equity transactions, portfolio transactions, mezzanine debt financing, structured financing, restructuring, advising creditors at various stages of stress and submission of corporate insolvency resolution plans. We provide clients with end-to-end solutions across the capital structure, from early detection of stress to restructuring under court-supervised/informal processes and bankruptcy/liquidation.

We pride ourselves on being a solution-oriented practice that is creative, commercially driven, strategic, and practical in approach. We also represent our clients before all courts and tribunals. We work closely with our Litigation team comprising 100+ lawyers and with other distinguished legal practitioners to pursue the best outcomes. We advise clients on unique enforcement/recovery strategies with added focus on maximum commercial recovery within the least possible timelines.

Our Partners have been routinely awarded for their work on some of the most complex restructuring and insolvency transactions and situations over the past few years. We are recognised as a leading practice by IFLR1000, GRR 100 (for cross-border restructuring and insolvency), Chambers and Partners, Indian Business Law Journal (IBLJ), and ALB India. Our lawyers have also won several individual recognitions for their expertise.

Select Representative Experience/Clients

  • Assisted Piramal Capital and Housing Finance Ltd with the submission and implementation of its resolution plan for Dewan Housing Finance Corporation Ltd
  • Assisted Oaktree Capital Management (UK) LLP with the submission of its resolution plan for Dewan Housing Finance Corporation Ltd
  • Assisted China Development Bank, Industrial and Commercial Bank of China and Export Import Bank of China with the restructuring of their exposure as part of the corporate insolvency resolution process of (i) Reliance Communications Ltd, Reliance Infratel Ltd, Reliance Telecom Ltd and Reliance Communications Infrastructure Ltd; and (ii) the Aircel Group
  • Advised Etihad Airways PJSC in connection with the corporate insolvency resolution process of Jet Airways Ltd
  • Advised Power Finance Corporation Ltd, in the insolvency resolution proceedings of KSK Mahanadi Power Corporation Ltd, KVK Nilanchal Power Pvt Ltd and Ind Barath Power (Madras) Ltd
  • Advised Bain Capital on various special situations transactions in India
  • Advised KKR with respect to debt restructuring and repayment solutions in various portfolio companies
  • Assisted Goldman Sachs and Varde Partners with the acquisition and restructuring of debt of RattanIndia Power Ltd from a consortium of 12 lenders led by Power Finance Corporation Ltd
  • Assisted India Resurgence ARC Pvt Ltd in connection with its investments in Panacea Biotech Ltd and Indian Steels Corporation Ltd

Some of our other clients include:

  • Aditya Birla Group
  • Bain Capital
  • Blackstone Capital Partners
  • China Development Bank
  • Davidson Kempner Capital Management
  • Edelweiss Group
  • Etihad Airways
  • Goldman Sachs
  • Industrial and Commercial Bank of China
  • Kohlberg Kravis Roberts & Co
  • Oaktree Capital
  • PAG Investment Management Company
  • Piramal Capital and Housing Finance Ltd
  • Power Finance Corporation Ltd
  • SC Lowy Financial Ltd
  • Vedanta Ltd

Our Team


Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website,, you acknowledge that:

  • You are seeking information about Trilegal of your own accord and there has been no form of solicitation, advertisement or inducement by Trilegal or its members.
  • This website should not be construed as providing legal advice for any purpose.
  • All information, content, and materials available on this website are for general informational purposes only.
  • Any information obtained or material downloaded from this website is completely at the user’s volition, and any transmission, receipt or use of this website is not intended to, and will not, create any lawyer-client relationship.
  • Information on this website may not constitute the most up-to-date legal or other information. Trilegal is not liable for the consequences of any action taken by any person based on any material or information available on this website, or for any inaccuracy in or exclusion of any information or interpretation thereof.
  • Readers of this website or recipients of content or information available on this website should not act based on any or all such content or information, and should always seek advice of competent legal counsel licensed to practice in the appropriate jurisdiction.
  • Third party links contained on this website re-directing users to such third-party websites should neither be construed as legal reference / legal advice, nor considered as referrals to, endorsements of, or affiliations with, any such third party website operators.
  • The communication platform provided on this website should not be used for exchange of any confidential, business or politically sensitive information.
  • The contents of this website are the intellectual property of Trilegal.

We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:

  • The types of information we collect and why we collect them.
  • How we use your information to provide a personalized experience.
  • The measures we take to ensure the security of your data.
  • Your rights and choices in managing your personal information.
  • How we may share information with trusted partners for specific purpose.

For more information, please read our terms of use and our privacy policy.

Up arrow