L Viswanathan

He advises leading corporate and financial institutions on infrastructure projects, structured lending, banking and financial services, debt restructuring and resolution of stressed assets.

Viswanathan has been involved in several landmark transactions and cases including, restructuring and settlement of Enron’s Dabhol Power Project, Swiss Ribbons v Union of India in which the constitutionality of the Bankruptcy Code was upheld by the Supreme Court, resolution of Essar Steel, resolution of the ILFS group, recapitalization of Yes Bank, sale of the distressed assets of Yes Bank, acquisition of controlling interest in the Mumbai Airport and significant M&A in infrastructure, oil & gas, financial services, media and retail sectors.

He has also been involved in some of the most complex debt resolution / restructuring transaction having recently advised the lenders on the debt settlement of Altico Capital and lenders on resolution of debt of Dewan Housing Finance Ltd. and Centrum in revival of PMC Bank through a scheme of amalgamation. He acted for the Murugappa group in their acquisition of CG Power and Industrial Solutions Ltd. and settlement of the company’s onshore and offshore lenders debt.

He also serves as a visiting faculty for Corporate Insolvency and Restructuring at the National Law School of India University.

• ‘Band 1’ Chambers and Partners consistently ranked him for Banking & Finance and Projects Infrastructure & Energy and ‘Star Individuals’ for Restructuring /Insolvency
• ‘Market Leader’ at IFLR 1000 2023
• Included in ‘A-List Icon’ of IBLJ list Lawyers, 2022-2023
• ‘Highly Regarded’ IFLR1000 consistently ranked him for Energy & Infrastructure; Project Development; Banking; Project Finance
• ‘Leading Lawyer Champions’ at Legal Era Leading Lawyers Rankings, 2022
• ‘Distinguished Practitioner’ Asialaw consistently ranked him for Banking & finance and Restructuring and insolvency
• ‘Leading Individual’ Legal500 consistently ranked him for Restructuring & Insolvency and as ‘Recommended Lawyer’ for Projects & Energy, Banking & Finance
• ‘Banking lawyer of the year’ at WWL awards 2023

• Bar Council of Maharashtra and Goa, India
• Insurance Advisory Committee (IAC) in terms of Regulation 3A of the IRDA (Insurance Advisory Committee) Regulations, 2000